In this paper, we employ a unique dataset of actual US dollar (USD) forward positions against a number of currencies taken by so-called Commodity Trading Advisors (CTAs). We investigate to what extent these positions exhibit a pattern of USD carry trading or other patterns of currency trading...

In recent years the issue of life expectancy has become of upmost importance to pension providers, insurance companies and government bodies in the developed world. Significant and consistent improvements in mortality rates and hence life expectancy have led to unprecedented increases in the...

This paper investigates the impact of participation in global value chains (GVCs) on inflation for a sample of 29 OECD economies from 2000 to 2018. Overall, our empirical analysis finds that participation in GVCs increases inflation, which is driven by forward participation, whereas backward...