BIS Quarterly Review, December 2012

available here.

Competitiveness and external imbalances within the euro area

A new ECB OP on this topic is here.

Value-added exchange rates

This alternative approach to measuring exchange rates is especially relevant for Ireland, in view of the high gross exports/imports of the foreign-dominated sectors.

Budget 2013

files here.

Interpreting TARGET2 balances

A new BIS paper on this topic is available here.