Content
September 2024, Volume 56, Issue 6
- 1291-1320 Market Freezes
by Chao Gu & Guido Menzio & Randall Wright & Yu Zhu - 1321-1365 Parameterizing Debt Maturity
by Philip Barrett & Christopher Johns - 1367-1403 Did High Leverage Render Small Businesses Vulnerable to the COVID‐19 Shock?
by Falk Bräuning & José L. Fillat & J. Christina Wang - 1405-1438 Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)?
by Katharina Bergant & Francesco Grigoli & Niels‐Jakob Hansen & Damiano Sandri - 1439-1477 The Bright and Dark Sides of a Central Bank's Financial Support to Local Banks after a Natural Disaster: Evidence from the Great Kanto Earthquake, 1923 Japan
by Tetsuji Okazaki & Toshihiro Okubo & Eric Strobl - 1479-1514 Fiscal Stimulus of Last Resort
by Alessandro Piergallini - 1515-1543 Tax Austerity: Does It Avert Solvency Crises?
by Christos Shiamptanis - 1545-1571 Real Interest Rates, Bank Borrowing, and Fragility
by Toni Ahnert & Kartik Anand & Philipp Johann König - 1573-1594 On the Controversy over the Origins of the Chicago Plan for 100% Reserves: Sorry, Frederick Soddy, it was Knight and (Most Probably) Simons!
by George S. Tavlas - 1595-1604 Hello from the Other Side: Both Government Liabilities and Assets Matter for Sovereign Risk
by Jemima Peppel‐Srebrny
August 2024, Volume 56, Issue 5
- 981-1020 Housing, Distribution, and Welfare
by Nobuhiro Kiyotaki & Alexander Michaelides & Kalin Nikolov - 1021-1052 The Impact of Credit Risk Mispricing on Mortgage Lending during the Subprime Boom
by James A. Kahn & Benjamin S. Kay - 1053-1098 In Search of a Risk‐Free Asset: Search Costs and Sticky Deposit Rates
by Vladimir Yankov - 1099-1127 Capturing Macro‐Economic Tail Risks with Bayesian Vector Autoregressions
by Andrea Carriero & Todd E. Clark & Massimiliano Marcellino - 1129-1161 Deregulation and Financial Intermediation Cost: An International Comparison
by Guillaume Bazot - 1163-1202 The Credit‐Card‐Services Augmented Divisia Monetary Aggregates
by William A. Barnett & Marcelle Chauvet & Danilo Leiva‐Leon & Liting Su - 1203-1234 Credit Guarantee and Fiscal Costs
by Huixin Bi & Yongquan Cao & Wei Dong - 1235-1259 Liquidity, the Mundell–Tobin Effect, and the Friedman Rule
by Lukas Altermatt & Christian Wipf - 1261-1285 Negative Interest Rate Policy and the Influence of Macro‐Economic News on Yields
by Rasmus Fatum & Naoko Hara & Yohei Yamamoto
June 2024, Volume 56, Issue 4
- 677-704 The Asymmetric Effect of Credit Supply on Firm‐Level Productivity Growth
by Francesco Manaresi & Nicola Pierri - 705-739 Can Internet Banking Affect Households' Participation in Financial Markets and Financial Awareness?
by Valentina Michelangeli & Eliana Viviano - 741-768 Financial Expectations and Household Consumption: Does Middle‐Inflation Matter?
by Sarah Brown & Mark N. Harris & Christopher Spencer & Karl Taylor - 769-804 The (Ir)Relevance of Rule‐of‐Thumb Consumers for U.S. Business Cycle Fluctuations
by Alice Albonico & Guido Ascari & Qazi Haque - 805-835 Unconventional Monetary Policy and the Behavior of Shorts
by Thomas Mcinish & Christopher J. Neely & Jade Planchon - 837-864 Monetary Policy Communication: Perspectives from Former Policymakers at the ECB
by Michael Ehrmann & Sarah Holton & Danielle Kedan & Gillian Phelan - 865-898 The Demand for Trade Protection over the Business Cycle
by Stéphane Auray & Michael B. Devereux & Aurélien Eyquem - 899-932 Intergenerational Transmission of Preferences and the Operativeness of Bequest Motive
by Jaime Alonso‐Carrera & Stéphane Bouché - 933-953 Response Bias in Survey Measures of Expectations: Evidence from the Survey of Consumer Expectations’ Inflation Module
by David A. Comerford - 955-975 Progressive Taxation versus College Subsidies with College Dropout
by Kazushige Matsuda
March 2024, Volume 56, Issue 2-3
- 325-363 A Kinked‐Demand Theory of Price Rigidity
by Stéphane Dupraz - 365-393 Expectations Formation, Sticky Prices, and the ZLB
by Elizabeth Bersson & Patrick Hürtgen & Matthias Paustian - 395-427 Secured Loans and Risky Assets in a Monetary Economy
by Yuchi Chu & Yiting Li - 429-454 Managing Bubbles in Experimental Asset Markets with Monetary Policy
by Myrna Hennequin & Cars Hommes - 455-487 Liquidity Provision and Financial Stability
by William Chen & Gregory Phelan - 489-516 Collateral Framework: Liquidity Premia and Multiple Equilibria
by Yvan Lengwiler & Athanasios Orphanides - 517-536 Financial Crises as a Phenomenon of Multiple Equilibria and How to Select among Them
by Nicolas Mäder - 537-568 A Prudential Paradox: The Signal in (Not) Restricting Bank Dividends
by Levent Güntay & Stefan Jacewitz & Jonathan Pogach - 569-587 Markups, Tobin's q, and the Increasing Capital Share
by Jacob A. Kerspien & Jakob B. Madsen - 589-611 Shadow Funding and Economic Growth: Evidence from China
by Xu Feng & Xiaowen An & Yahui An & Yajun Xiao - 613-626 Revisiting Real Wage Rigidity
by Michael Ellington & Chris Martin & Bingsong Wang - 627-646 Endogenous Cycles in Collateralized Credit
by Vyacheslav Arbuzov & Yu Awaya & Hiroki Fukai & Makoto Watanabe - 647-669 International Housing Markets and the U.S. Subprime Crisis
by Shikong (Scott) Luo & Jun Ma
February 2024, Volume 56, Issue 1
- 5-33 Nonlinear Transmission of Financial Shocks: Some New Evidence
by Mario Forni & Luca Gambetti & Nicolò Maffei‐Faccioli & Luca Sala - 35-80 Does Monetary Policy Affect Income Inequality in the Euro Area?
by Anna Samarina & Anh D.M. Nguyen - 81-114 Communicating Data Uncertainty: Multiwave Experimental Evidence for UK GDP
by Ana Beatriz Galvão & James Mitchell - 115-152 Global Banks and Synthetic Funding: The Benefits of Foreign Relatives
by Fernando Eguren‐Martin & Matias Ossandon Busch & Dennis Reinhardt - 153-184 Introducing New Forms of Digital Money: Evidence from the Laboratory
by Gabriele Camera - 185-223 Cryptocurrency, Security, and Financial Intermediation
by Nicholas Glenn & Robert Reed - 225-256 Money, Bitcoin, and Monetary Policy
by Kee‐Youn Kang & Seungduck Lee - 257-278 Credit Market Frictions and Coessentiality of Money and Credit
by Ohik Kwon & Manjong Lee - 279-304 Population Aging and International Monetary Transmission
by Myunghyun Kim - 305-316 Downward Nominal Wage Rigidity and Determinacy of Equilibrium
by Tomohide Mineyama
December 2023, Volume 55, Issue 8
- 1961-2000 A Theory of Intrinsic Inflation Persistence
by Takushi Kurozumi & Willem Van Zandweghe - 2001-2025 How Does Monetary Policy Affect Welfare? Some New Estimates Using Data on Life Evaluation and Emotional Well‐Being
by Lina El‐Jahel & Robert Macculloch & Hamed Shafiee - 2027-2059 Does Real‐Time Macroeconomic Information Help to Predict Interest Rates?
by Alberto Caruso & Laura Coroneo - 2061-2091 Superkurtosis
by Stavros Degiannakis & George Filis & Grigorios Siourounis & Lorenzo Trapani - 2093-2113 Does the Exchange Rate Respond to Monetary Policy in Mexico? Solving an Exchange Rate Puzzle in Emerging Markets
by Pavel Solís - 2115-2151 News Shocks, Business Cycles, and the Disinflation Puzzle
by Hafedh Bouakez & Laurent Kemoe - 2153-2185 Debt Overhang and Lack of Lender's Commitment
by Keiichiro Kobayashi & Tomoyuki Nakajima & Shuhei Takahashi - 2187-2213 Endogenous Growth, Skill Obsolescence, and Output Hysteresis in a New Keynesian Model with Unemployment
by Wolfgang Lechthaler & Mewael F. Tesfaselassie - 2215-2241 Disagreement in Consumer Inflation Expectations
by Tomasz Łyziak & Xuguang Simon Sheng
October 2023, Volume 55, Issue 7
- 1641-1665 Historical Patterns of Inequality and Productivity around Financial Crises
by Pascal Paul - 1667-1701 Revolving versus Convenience Use of Credit Cards: Evidence from U.S. Credit Bureau Data
by Scott L. Fulford & Scott Schuh - 1703-1747 Bringing Back the Jobs Lost to Covid‐19: The Role of Fiscal Policy
by Christian Bredemeier & Falko Juessen & Roland Winkler - 1749-1783 Changing Supply Elasticities and Regional Housing Booms
by Knut Are Aastveit & Bruno Albuquerque & André K. Anundsen - 1785-1816 The Fundamental Review of the Trading Book: Implications for Portfolio and Risk Management in the Banking Sector
by Orla Mccullagh & Mark Cummins & Sheila Killian - 1817-1855 Macroeconomic Effects of Credit Deepening in Latin America
by Carlos Carvalho & Nilda Pasca & Laura Souza & Eduardo Zilberman - 1857-1887 Demographics, Monetary Policy, and the Zero Lower Bound
by Marcin Bielecki & Michał Brzoza‐Brzezina & Marcin Kolasa - 1889-1906 Monetary Policy, Neutrality, and the Environment
by Joao R. Faria & Peter Mcadam & Bruno Viscolani - 1907-1935 The Time‐Varying Response of Hours Worked to a Productivity Shock
by Huachen Li - 1937-1953 Inflation Expectations, Inflation Target Credibility, and the COVID‐19 Pandemic: Evidence from Germany
by Winnie Coleman & Dieter Nautz
September 2023, Volume 55, Issue 6
- 1325-1356 Delayed Adjustment and Persistence in Macroeconomic Models
by Thijs Van Rens & Marija Vukotić - 1357-1396 Geographic Cross‐Sectional Fiscal Spending Multipliers and the Role of Local Autonomy: Evidence from European Regions
by Markus Brueckner & Evi Pappa & Ákos Valentinyi - 1397-1442 Supply and Demand Effects of Bank Bailouts: Depositors Need Not Apply and Need Not Run
by Allen N. Berger & Martien Lamers & Raluca A. Roman & Koen Schoors - 1443-1473 Are the Liquidity and Collateral Roles of Asset Bubbles Different?
by Lise Clain‐Chamosset‐Yvrard & Xavier Raurich & Thomas Seegmuller - 1475-1506 Treasury Safety, Liquidity, and Money Premium Dynamics: Evidence from Debt Limit Impasses
by David Cashin & Erin E. Syron Ferris & Elizabeth Klee - 1507-1533 What Is in a Name? Purchases and Sales of Financial Assets as a Monetary Policy Instrument
by Ronald Mau - 1535-1568 Explaining Monetary Spillovers: The Matrix Reloaded
by Jonathan Kearns & Andreas Schrimpf & Fan Dora Xia - 1569-1607 Monetary Policy in a Schumpeterian Growth Model with Vertical R&D Sectors
by Chien‐Yu Huang & Youchang Wu & Yibai Yang & Zhijie Zheng - 1609-1632 The Formation of Inflation Expectations: Microdata Evidence from Japan
by Junichi Kikuchi & Yoshiyuki Nakazono
August 2023, Volume 55, Issue 5
- 1001-1042 Nonlinear Employment Effects of Tax Policy
by Domenico Ferraro & Giuseppe Fiori - 1043-1076 Does Competition Affect Bank Risk?
by Liangliang Jiang & Ross Levine & Chen Lin - 1077-1118 CLO (Collateralized Loan Obligation) Market and Corporate Lending
by Angela Gallo & Min Park - 1119-1145 Information Aggregation Bias and Samuelson's Dictum
by Yongok Choi & Giacomo Rondina & Todd B. Walker - 1147-1176 Talking Over Time ‐ Dynamic Central Bank Communication
by Laura Gáti - 1177-1212 The 1932 Federal Reserve Open‐Market Purchases as a Precedent for Quantitative Easing
by Michael D. Bordo & Arunima Sinha - 1213-1244 Downward Nominal Wage Rigidity and Inflation Dynamics during and after the Great Recession
by Tomohide Mineyama - 1245-1270 The Effect of Monetary Policy on Consumption Inequality: An Analysis of Transmission Channels through TANK Models
by Momo Komatsu - 1271-1305 Phillips Correlation and Price‐Change Distributions under Declining Trend Inflation
by Sohei Kaihatsu & Mitsuru Katagiri & Noriyuki Shiraki - 1307-1319 How Powerful Is Unannounced, Sterilized Foreign Exchange Intervention?
by Alain Naef & Jacob P. Weber
June 2023, Volume 55, Issue 4
- 681-716 The Role of Money in Monetary Policy at the Lower Bound
by Roberto M. Billi & Ulf Söderström & Carl E. Walsh - 717-746 Inflation and Welfare in a Competitive Search Equilibrium with Asymmetric Information
by Lorenzo Carbonari & Fabrizio Mattesini & Robert J. Waldmann - 747-782 House Price Markups and Mortgage Defaults
by Paul E. Carrillo & William M. Doerner & William D. Larson - 783-823 Policy Uncertainty and Bank Mortgage Credit
by Gazi I. Kara & Youngsuk Yook - 825-858 Effects of State‐Dependent Forward Guidance, Large‐Scale Asset Purchases, and Fiscal Stimulus in a Low‐Interest‐Rate Environment
by Günter Coenen & Carlos Montes‐Galdón & Frank Smets - 859-887 Downward Nominal Wage Rigidity Meets the Zero Lower Bound
by Robert Amano & Stefano Gnocchi - 889-914 Credit Crunch and Downward Nominal Wage Rigidities
by Jean‐François Rouillard - 915-944 A Dilemma between Liquidity Regulation and Monetary Policy: Some History and Theory
by Eric Monnet & Miklos Vari - 945-974 Normalizing the Central Bank's Balance Sheet: Implications for Inflation and Debt Dynamics
by Begoña Domínguez & Pedro Gomis‐Porqueras - 975-992 Housing Rents and Inflation Rates
by Brent W. Ambrose & N. Edward Coulson & Jiro Yoshida
March 2023, Volume 55, Issue 2-3
- 349-378 Fast Rises, Slow Declines: Asymmetric Unemployment Dynamics with Matching Frictions
by Domenico Ferraro - 379-405 Consumption, Credit, and the Missing Young
by Daniel Cooper & Olga Gorbachev & María José Luengo‐Prado - 407-439 A Model of QE, Reserve Demand, and the Money Multiplier
by Ellen Ryan & Karl Whelan - 441-464 Deposit Insurance and Depositor Monitoring: Quasi‐Experimental Evidence from the Creation of the Federal Deposit Insurance Corporation
by Haelim Anderson & Gary Richardson & Brian Yang - 465-501 Calibrating the Magnitude of the Countercyclical Capital Buffer Using Market‐Based Stress Tests
by Maarten R.C. Van Oordt - 503-530 Banks' Strategic Responses to Supervisory Coverage: Evidence from a Natural Experiment
by Ivan T. Ivanov & Ben Ranish & James Wang - 531-558 System‐Wide Runs and Financial Collapse
by Dongik Kang - 559-576 Out of Bounds: Do SPF Respondents Have Anchored Inflation Expectations?
by Carola Binder & Wesley Janson & Randal Verbrugge - 577-593 Are Some Forecasters Really Better than Others? A Note
by Ulrich Hounyo & Kajal Lahiri - 595-617 A Money‐Financed Fiscal Stimulus: Redistribution and Social Welfare
by Chiara Punzo & Lorenza Rossi - 619-634 Lower Bound Uncertainty and Long‐Term Interest Rates
by Christian Grisse - 635-654 Changing Impact of Shocks: A Time‐Varying Proxy SVAR Approach
by Haroon Mumtaz & Katerina Petrova - 655-672 A Simple Model of Voluntary Reserve Targets with Tolerance Bands
by Garth Baughman & Francesca Carapella
February 2023, Volume 55, Issue 1
- 5-42 Search Frictions, Labor Supply, and the Asymmetric Business Cycle
by Domenico Ferraro & Giuseppe Fiori - 43-76 Institutional Arrangements and Inflation Bias: A Dynamic Heterogeneous Panel Approach
by Vasco J. Gabriel & Ioannis Lazopoulos & Diana Lima - 77-102 Mortgage Lending, Default, and the Community Reinvestment Act
by Daniel Ringo - 103-142 Understanding Bank and Nonbank Credit Cycles: A Structural Exploration
by C. Bora Durdu & Molin Zhong - 143-169 Uncertainty and the Cost of Bank versus Bond Finance
by Christian Grimme - 171-214 Money Illusion and TIPS Demand
by Abraham Lioui & Andrea Tarelli - 215-249 The Effect of Inflation on Wage Inequality: A North–South Monetary Model of Endogenous Growth with International Trade
by Oscar Afonso & Tiago Sequeira - 251-295 Conditional Equity Premium and Aggregate Corporate Investment
by Hui Guo & Buhui Qiu - 297-321 Central Bank Digital Currency, Credit Supply, and Financial Stability
by Young Sik Kim & Ohik Kwon - 323-341 Liquidity Requirements, Free‐Riding, and the Implications for Financial Stability Evidence from the Early 1900s
by Mark Carlson & Matthew Jaremski
February 2022, Volume 54, Issue S1
- 5-5 Editors Introduction to the Special Issue
by Yuriy Gorodnichenko & Kenneth D. West - 7-51 The Missing Inflation Puzzle: The Role of the Wage‐Price Pass‐Through
by Sebastian Heise & Fatih Karahan & Ayşegül Şahin - 53-88 Insider–Outsider Labor Markets, Hysteresis, and Monetary Policy
by Jordi Galí - 89-111 The Importance of the Part‐Time and Participation Margins for Real Wage Adjustment
by Mary C. Daly & Bart Hobijn - 113-155 Worker Heterogeneity, Selection, and Unemployment Dynamics in a Pandemic
by Federico Ravenna & Carl E. Walsh - 157-185 Labor Market Integration and Fiscal Competition
by Sergii Kiiashko & Paweł Kopiec
December 2022, Volume 54, Issue 8
- 2197-2234 Foreign Investment under the Spotlight of Home Media
by Wai‐Man Liu & Jing Yu & Bohui Zhang - 2235-2272 Equilibrium Yield Curve, the Phillips Curve, and Monetary Policy
by Mitsuru Katagiri - 2273-2300 Macroeconomic Implications of Student Debt: A State‐Level Analysis
by Berrak Bahadir & Dora Gicheva - 2301-2340 The Role of Regulation and Bank Competition in Small Firm Financing: Evidence from the Community Reinvestment Act
by Panagiotis Avramidis & George Pennacchi & Konstantinos Serfes & Kejia Wu - 2341-2375 Relationship Banking and Monetary Policy Transmission: Evidence from India
by Abhishek Bhardwaj & Krishnamurthy Subramanian & Prasanna Tantri - 2377-2410 The Walls Have Ears: Local Information Environments and Corporate Fraud
by Jens Hagendorff & Nhan Le & Duc Duy Nguyen - 2411-2444 Invoicing Currency and Financial Hedging
by Victor Lyonnet & Julien Martin & Isabelle Mejean - 2445-2475 What Did Homeowners Do with Home Equity Borrowing? Contemporaneous and Long‐Term Effects
by Sheng Guo - 2477-2517 Can Cold Turkey Reduce Inflation Inertia? Evidence on Disinflation and Level‐k Thinking from a Laboratory Experiment
by Marcus Giamattei - 2519-2546 On Liquidity Shocks and Asset Prices
by Pablo A. Guerron‐Quintana & Ryo Jinnai
October 2022, Volume 54, Issue 7
- 1913-1940 Epidemic Exposure, Financial Technology, and the Digital Divide
by Orkun Saka & Barry Eichengreen & Cevat Giray Aksoy - 1941-1969 Optimal Taxes under Private Information: The Role of Inflation
by Pedro Gomis‐Porqueras & Christopher Waller - 1971-1996 The Optimal Inflation Rate with Discount Factor Heterogeneity
by Antoine Lepetit - 1997-2028 Demand Shocks for Public Debt in the Eurozone
by Andras Lengyel & Massimo Giuliodori - 2029-2080 Intermediary Segmentation in the Commercial Real Estate Market
by David Glancy & John R. Krainer & Robert J. Kurtzman & Joseph B. Nichols - 2081-2101 How Does Monetary Policy Pass‐Through Affect Mortgage Default? Evidence from the Irish Mortgage Market
by David Byrne & Robert Kelly & Conor O'Toole - 2103-2123 From a Quantity to an Interest Rate‐Based Framework: Multiple Monetary Policy Instruments and Their Effects in China
by Soyoung Kim & Hongyi Chen - 2125-2148 The Social Value of Information: A Test of a Beauty and Nonbeauty Contest
by Thomas Lustenberger & Enzo Rossi - 2149-2172 Financial Contagion in a Two‐Country Model
by Tarishi Matsuoka - 2173-2191 Expectation‐Driven Cycles and the Changing Dynamics of Unemployment
by Antonello D'Agostino & Caterina Mendicino & Federico Puglisi
September 2022, Volume 54, Issue 6
- 1569-1603 Monetary Policy, Inflation, and Rational Asset Price Bubbles
by Daisuke Ikeda - 1605-1635 The Empirical Relevance of the Shadow Rate and the Zero Lower Bound
by Michael Ellington - 1637-1671 Estimating a Nonlinear New Keynesian Model with the Zero Lower Bound for Japan
by Hirokuni Iiboshi & Mototsugu Shintani & Kozo Ueda - 1673-1703 Mobile Collateral versus Immobile Collateral
by Gary Gorton & Toomas Laarits & Tyler Muir - 1705-1739 Bank Sectoral Concentration and Risk: Evidence from a Worldwide Sample of Banks
by Thorsten Beck & Olivier De Jonghe & Klaas Mulier - 1741-1775 Domestic Debt and Sovereign Defaults
by Enrico Mallucci - 1777-1802 Does Gross or Net Debt Matter More for Emerging Market Spreads?
by Metodij Hadzi‐Vaskov & Luca Antonio Ricci - 1803-1837 Eliminating the Tax Shield through Allowance for Corporate Equity: Cross‐Border Credit Supply Effects
by Sonny Biswas & Bálint L. Horváth & Wei Zhai - 1839-1874 Economic Slowdown and Housing Dynamics in China: A Tale of Two Investments by Firms
by Feng Dong & Yumei Guo & Yuchao Peng & Zhiwei Xu - 1875-1888 An Application of Shapley Value Cost Allocation to Liquidity Savings Mechanisms
by Rodney J. Garratt - 1889-1904 Breaking the UIP: A Model‐Equivalence Result
by Yossi Yakhin
August 2022, Volume 54, Issue 5
- 1141-1173 General Purpose Technologies as Systematic Risk in Global Stock Markets
by Po‐Hsuan Hsu & Huijun Wang & Wei Yang - 1175-1222 The Embodiment Controversy: On the Policy Implications of Vintage Capital Models
by Roberto M. Samaniego & Juliana Yu Sun - 1223-1259 Are the Largest Banking Organizations Operationally More Risky?
by Filippo Curti & W. Scott Frame & Atanas Mihov - 1261-1312 Bank Regulation, Network Topology, and Systemic Risk: Evidence from the Great Depression
by Sanjiv R. Das & Kris James Mitchener & Angela Vossmeyer - 1313-1367 Evaluating Regulatory Reform: Banks' Cost of Capital and Lending
by Anna Kovner & Peter Van Tassel - 1369-1405 Responses to Eliminating Saving Commitments: Evidence from Mortgage Run‐offs
by Steffen Andersen & Philippe d'Astous & Jimmy Martínez‐Correa & Stephen H. Shore - 1407-1424 Unemployment Risk
by Michael T. Kiley - 1425-1457 Heterogeneous Effects of Unconventional Monetary Policy on the Bond Yields across the Euro Area
by İshak Demi̇r & Burak A. Eroğlu & Seçi̇l Yildirim‐Karaman - 1459-1490 How Much Information Do Monetary Policy Committees Disclose? Evidence from the FOMC's Minutes and Transcripts
by Mikael Apel & Marianna Blix Grimaldi & Isaiah Hull - 1491-1523 Time Consistency and Counterproductive Monetary Policy Cooperation in a Two‐Country New Keynesian Model
by Thang Ngoc Doan & Junichi Fujimoto - 1525-1549 Narrative Monetary Policy Surprises and the Media
by Saskia Ter Ellen & Vegard H. Larsen & Leif Anders Thorsrud - 1551-1563 The Real Interest Rate Channel Is Structural in Contemporary New‐Keynesian Models: A Note
by Joshua Brault & Hashmat Khan
June 2022, Volume 54, Issue 4
- 737-778 Households' Balance Sheets and the Effect of Fiscal Policy
by Javier Andrés & José E. Boscá & Javier Ferri & Cristina Fuentes‐Albero - 779-824 Secular Stagnation and Low Interest Rates under the Fear of a Government Debt Crisis
by Keiichiro Kobayashi & Kozo Ueda - 825-858 Uncertainty and the Bank of England's MPC
by Henry W. Chappell & William Greene & Mark N. Harris & Christopher Spencer - 859-884 The impact of macroeconomic uncertainty on inequality: An empirical study for the United Kingdom
by Angeliki Theophilopoulou - 885-919 An Epidemiological Model of Economic Crisis Spread across Sectors in the United States
by Eva F. Janssens & Robin L. Lumsdaine & Sebastiaan H.L.C.G. Vermeulen - 921-952 Business Cycles across Space and Time
by Neville Francis & Michael T. Owyang & Daniel Soques - 953-987 The Propagation of Regional Shocks in Housing Markets: Evidence from Oil Price Shocks in Canada
by Lutz Kilian & Xiaoqing Zhou - 989-1025 The Demand for Assets: Evidence from the Markov Switching Normalized Quadratic Model
by Libo Xu & Apostolos Serletis - 1027-1063 Pushed Past the Limit? How Japanese Banks Reacted to Negative Rates
by Gee Hee Hong & John Kandrac - 1065-1098 Clogged Intermediation: Were Home Buyers Crowded Out?
by Dong Beom Choi & Hyun‐Soo Choi & Jung‐Eun Kim - 1099-1121 Fed's Policy Changes and Inflation in Emerging Markets: Lessons from the Taper Tantrum
by Antonia López‐Villavicencio & Marc Pourroy - 1123-1133 A Note of Caution on Quantifying Banks' Recapitalization Effects
by Kirsten Schmidt & Felix Noth & Lena Tonzer
March 2022, Volume 54, Issue 2-3
- 349-379 Equity Short Selling and the Bank Loan Market
by Po‐Hsin Ho & Chih‐Yung Lin & Tse‐Chun Lin - 381-423 Bank Examiners’ Information and Expertise and their Role in Monitoring and Disciplining Banks Before and During the Panic of 1893
by Charles W. Calomiris & Mark Carlson - 425-458 The Interest of Being Eligible
by Jean‐Stéphane Mésonnier & Charles O'Donnell & Olivier Toutain - 459-491 Price Dispersion and the Costs of Inflation
by Volker Hahn - 493-517 Fighting Fire with Gasoline: CoCos in Lieu of Equity
by Roman Goncharenko - 519-535 (Dis)Solving the Zero Lower Bound Equilibrium through Income Policy
by Guido Ascari & Jacopo Bonchi - 537-568 Forecaster Efficiency, Accuracy, and Disagreement: Evidence Using Individual‐Level Survey Data
by Michael P. Clements - 569-598 Exchange Rate Sensitivity and the Net Foreign Asset Composition
by Malin Gardberg - 599-626 Search with Wage Posting under Sticky Prices
by Andrew T. Foerster & José Mustre‐Del‐Río - 627-649 Heterogeneity in Euro Area Monetary Policy Transmission: Results from a Large Multicountry BVAR Model
by Martin Mandler & Michael Scharnagl & Ute Volz - 651-662 Unsecured and Secured Funding
by Mario Di Filippo & Angelo Ranaldo & Jan Wrampelmeyer - 663-683 Fiscal Policy And the Nominal Term Premium
by Roman Horvath & Lorant Kaszab & Ales Marsal - 685-706 Monetary shock measurement and stock markets
by Arabinda Basistha & Richard Startz - 707-728 On the Role of the Collateral Constraint Friction in the North–South Transmission of the 2008–2009 Financial Crisis
by Ha M. Nguyen
February 2022, Volume 54, Issue 1
- 5-38 The Term Structure of Currency Futures' Risk Premia
by Kerstin Bernoth & Jürgen Von Hagen & Casper De Vries