If AI disappoints? The transmission of US big-tech earnings news – Bank Underground
There is growing concern among policymakers, international organisations, and even big-tech Chief Executive Officers (exhibits I, II and III) that the current artificial...
Is artificial intelligence making us more productive? What the UK industry data show – Bank Underground
Sandra Batten
Unlike previous waves of automation, machine learning and generative AI (Gen AI) technologies can perform non-routine cognitive tasks, such as those involving...
Canaries in the column? AI exposure and the UK’s hiring slowdown – Bank Underground
Haley Schlicht
From Silicon Valley executives promising to automate white-collar work to headlines claiming AI is foreclosing the graduate entry market, the strained ‘low...
using machine learning to segment UK mortgages – Bank Underground
Joe Grimshaw
Who are the UK’s mortgage borrowers, and how do their characteristics differ? Despite extensive literature on mortgage profiles, loan-level segmentation remains limited,...
Credit constraints and housing market access – Bank Underground
Belinda Tracey and Neeltje van Horen
The Help-to-Buy (HTB) programme introduced in 2013 reopened the 95% loan to value (LTV) segment of the UK...
evidence from Covid-era border closures – Bank Underground
John Lewis
Covid travel restrictions limited movement of people but also made cross-border goods trade more difficult. Â Did this contribute to the fall in...