Size matters for central bank research publishing

Staff numbers have strongest association with central banks’ research output

When it comes to publishing working papers and peer-reviewed papers, size matters. Just as they employ more economists, larger central banks have a higher output of both kinds of paper, data from Economics Benchmarks 2020 shows.

The lowest quartile of respondents (those with up to 400 staff across the whole central bank) publish an average of 15.1 working papers and 9.2 peer-reviewed papers per year. By contrast, the top quartile (with more than 1,750 staff) puts out an average of 37.7 working

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