An article published by Central Bankingthe leading central banking magazine in the world, ranked Banco de la República’s research team as the best in Latin America and number 14 worldwide.
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This classification is made based on the publications of the researchers of each research team. The top 20 is led by six from research teams that are part of the US Federal Reserve system. (Federal Reserve Board and the FEDs of New York, Chicago, Minneapolis, Saint Louis and Dallas). Another five are part of the European Central Bank system (the ECB itself and the banks of Italy, Spain and France). And teams from the International Monetary Fund (IMF), the Bank for International Settlements (BIS), and the Bank of England.
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The Banco de la República said that research is essential in fulfilling its constitutional mandate and essential for decision-making. In addition, he said, it contributes to public understanding of the economy. For this reason, he assured that he has a team dedicated to research and a larger group of researchers by departments.
According to the Central Banking article, “Good central bank research tends to be work that says something new, exerts influence and supports policy. To some extent, these elements can be summarized by quantitative metrics.”
1. International Monetary Fund
two. European Central Bank
3. Federal Reserve Board
Four. Bank for International Settlements
5. Federal Reserve Bank of New York
6. Bank of Italy
7. Federal Reserve Bank of Chicago
8. Federal Reserve Bank of Minneapolis
9. Federal Reserve Bank of St.Louis
10. Bank of England
eleven. Bank of Spain
12. Federal Reserve Bank of Dallas
13. Bank of France
14. Central Bank of Colombia
fifteen. Federal Reserve Bank of San Francisco
16. Bank of Canada
17. Deutsche Bundesbank
18. Federal Reserve Bank of Philadelphia
19. Federal Reserve Bank of Cleveland
twenty. Federal Reserve Bank of Atlanta
BRIEFCASE
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