Philippe Bracke

I am Senior Manager in the Advanced Analytics Division at the Bank of England, focusing on AI strategy and leading a team of machine-learning researchers and data scientists to deliver applications across the organisation.

My work builds on over a decade of applied economic research and data science, including roles at the Financial Conduct Authority and earlier positions at the Bank of England.

This site shares my research.

Selected peer-reviewed publications and code

"When Discounted Rates End: The Costs of Taking Action in the Mortgage Market" (with A. Belgibayeva, T. Bono, N. Clara, J. Cocco and T. Majer), Review of Financial Studies, forthcoming (2025) [code]
"Housing Consumption and Investment: Evidence from Shared Equity Mortgages" (with M. Benetton, J. Cocco and N. Garbarino), Review of Financial Studies, 35(8), p. 3525-3573, Editor's choice: lead article (2022) [code]
"History Dependence in the Housing Market" (with S. Tenreyro), American Economic Journal: Macroeconomics, 13(2), p. 1-25 (2021) [code]
"The Time Value of Housing: Historical Evidence on Discount Rates" (with E. W. Pinchbeck and J. Wyatt), Economic Journal 128, p. 1820-1843 (2018) [code]
"Sbbq: Stata module to implement the Harding and Pagan business cycle dating algorithm", Statistical Software Components S457288, Boston College Department of Economics (2012)

Working papers

"When Refinancing Meets Monetary Tightening: Heterogeneous Impacts on Spending and Debt via Mortgage Modifications" (2025), with M. Everitt, M. Fazio and A. Varadi
"Machine Learning Explainability in Finance: an Application to Default Risk Analysis" (2019), with A. Datta, C. Jung and S. Sen

Academic CV: pdf

Last update: November 2025

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