Shareholders voted overwhelmingly to approve the dividend proposals brought forth by each companies’ Boards of Directors ADNOC Group’s publicly traded portfolio companies collectively endorsed over $6.7 billion (AED24.6 billion) in annual dividend payments to shareholders for 2024, reflecting their strong financial health and commitment to shareholders value. At the Annual General Meetings (AGM) of all […]
Forecasts from professionals (economists, analysts, brokers, academics) are a key input into economic decision-making. This column highlights that professional forecasts are ‘lumpy’, often remaining unchanged for several periods, before shifting in large, infrequent jumps. It argues that this reflects ‘rational inaction’, as frequent adjustments or constant swings could undermine credibility. It suggests a natural distinction […]
Emerging markets with partially dollarised financial systems are particularly vulnerable to global financial cycles. This column examines how reserve requirements on foreign currency deposits can help mitigate credit booms induced by capital inflows. Focusing on Peru between 2008 and 2017, the authors combine microdata with a calibrated macro model to show that foreign currency reserve […]
Consumers have vastly different views about inflation – shaped by personal experience, financial literacy, and exposure to economic news. This column examines how consumers’ housing status shapes the attention they pay to inflation and their subsequent spending decisions, demonstrating marked differences between renters and homeowners. In an experiment conducted with US households between 2021 and […]
