EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks.
Journal of Money, Credit and Banking
1969 - 2012
Edited by Robert deYoung , Paul Evans , Pok-Sang Lam and Kenneth D. West
from Blackwell Publishing Series data maintained by Wiley-Blackwell Digital Licensing ().
Access Statistics for this journal.
Track citations for all items by RSS feed
Is something missing from the series or not right? See the RePEc data check for the archive and series .
Volume 44, issue 12 , 2012
Organizers’ Introduction: Twenty‐Five Years of Study Center Gerzensee pp. 3-7
Harris Dellas , Dirk Niepelt and Marcel Savioz
Slow Recoveries: A Structural Interpretation pp. 9-30
Jordi Galí , Frank Rafael Smets and Raf Wouters
Screening and Labor Market Flows in a Model with Heterogeneous Workers pp. 31-71
Federico Ravenna and Carl Walsh
Aggregate Investment Externalities and Macroprudential Regulation pp. 73-109
Hans Gersbach and Jean Charles Rochet
Inflation and Unit Labor Cost pp. 111-149
Robert G. King and Mark W. Watson
The Federal Reserve, the Emerging Markets, and Capital Controls: A High‐Frequency Empirical Investigation pp. 151-184
Sebastian Edwards
Withering Government Spending Multipliers pp. 185-210
Matthew Canzoneri , Fabrice Collard , Harris Dellas and Behzad T. Diba
Asymmetries in Price‐Setting Behavior: New Microeconometric Evidence from Switzerland pp. 211-236
Bo E. Honoré , Daniel Kaufmann and Sarah Marit Lein
Macroeconomic Shocks and Banking Regulation pp. 237-254
Mathias Dewatripont and Jean Tirole
Risk Premium Shocks and the Zero Bound on Nominal Interest Rates pp. 1475-1505
Robert Amano and Malik Shukayev
A New Method for Identifying the Effects of Foreign Exchange Interventions pp. 1507-1533
Chih‐nan Chen , Tsutomu Watanabe and Tomoyoshi Yabu
The Quantitative Importance of News Shocks in Estimated DSGE Models pp. 1535-1561
Hashmat U Khan and John Tsoukalas
Fiscal Positions and Government Bond Yields in OECD Countries pp. 1563-1587
Joseph W. Gruber and Steven B. Kamin
Constructing Density Forecasts from Quantile Regressions pp. 1589-1607
Wagner Piazza Gaglianone and Luiz Renato Lima
Regulatory Arbitrage in Cross‐Border Banking Mergers within the EU pp. 1609-1629
Santiago Carbo‐valverde , Edward J. Kane and Francisco Rodriguez‐fernandez
Price Setting in the Euro Area: Some Stylized Facts from Individual Producer Price Data pp. 1631-1650
Philip Vermeulen , Daniel Dias , Maarten Dossche , Erwan Gautier , Ignacio Hernando , Roberto Sabbatini and Harald Edgar Stahl
On the Effects of Deposit Insurance and Observability on Bank Runs: An Experimental Study pp. 1651-1665
Hubert Janos Kiss , Ismael Rodriguez‐lara and Alfonso Rosa‐garcía
The Effects of Monetary Policy “News” and “Surprises” pp. 1667-1692
Fabio Milani and John Treadwell
Volume 44, issue 10 , 2012
Does Ricardian Equivalence Hold When Expectations Are Not Rational? pp. 1259-1283
George William Evans , Seppo Mikko Sakari Honkapohja and Kaushik Mitra
A Historical Analysis of the Taylor Curve pp. 1285-1299
Eric Olson and Walter Enders
Putting the New Keynesian DSGE Model to the Real‐Time Forecasting Test pp. 1301-1324
Marcin Kolasa , Michał Rubaszek and Paweł Skrzypczyński
The Role of Media for Inflation Forecast Disagreement of Households and Professional Forecasters pp. 1325-1350
Michael Josef Lamla and Thomas Maag
Optimal Simple Monetary and Fiscal Rules under Limited Asset Market Participation pp. 1351-1374
Giorgio E. Motta and Patrizio Tirelli
Monetary Policy and Price Responsiveness to Aggregate Shocks under Rational Inattention pp. 1375-1399
Luigi Paciello
Mortgage Choice as a Natural Field Experiment on Choice under Risk pp. 1401-1426
Philomena M. Bacon and Peter G. Moffatt
Price Stickiness and Sectoral Inflation Persistence: Additional Evidence pp. 1427-1442
Hervé LE BIHAN and Julien Matheron
U.S. Monetary Policy Surprises: Identification with Shifts and Rotations in the Term Structure pp. 1443-1453
Edda Claus and Mardi Dungey
How Do Nominal and Real Rigidities Interact? A Tale of the Second Best pp. 1455-1474
Romain Duval and Lukas Vogel
Volume 44, issue 09 , 2012
Monetary Policy Rules Work and Discretion Doesn't: A Tale of Two Eras pp. 1017-1032
John B. Taylor
Estimating Central Bank Preferences under Commitment and Discretion pp. 1033-1061
Gregory Givens
Bank Lending Standards and Access to Lines of Credit pp. 1063-1089
Cem Demiroglu , Christopher James and Atay Kizilaslan
Realized and Optimal Monetary Policy Rules in an Estimated Markov‐Switching DSGE Model of the United Kingdom pp. 1091-1116
Xiaoshan Chen and Ronald MacDonald
Stale Information, Shocks, and Volatility pp. 1117-1149
Reint Eberhard Gropp and Arjan Kadareja
Return Dependence and the Limits of Product Diversification in Financial Firms pp. 1151-1183
Thomas B. Fomby , Jeffery W. Gunther and Jian Hu
Imperfect Competition in Bank Retail Markets, Deposit and Loan Rate Dynamics, and Incomplete Pass Through pp. 1185-1205
Kenneth J. Kopecky and David D. van Hoose
Foreign Demand for Domestic Currency and the Optimal Rate of Inflation pp. 1207-1224
Stephanie Schmitt‐grohé and Martín Uribe
Sectoral Comovement, Monetary Policy Shocks, and Input–Output Structure pp. 1225-1244
Nao Sudo
Money: A Market Microstructure Approach pp. 1245-1258
Malte Krueger
Volume 44, issue 08 , 2012
On the Welfare Gains of Price Dispersion pp. 757-786
Richard Dutu , Benoit Julien and Ian Paul King
The Friedman Rule in a Model with Endogenous Growth and Cash‐in‐Advance Constraint pp. 787-823
Firouz Gahvari
Monetary Policy and Automatic Stabilizers: The Role of Progressive Taxation pp. 825-862
Fabrizio Mattesini and Lorenza Rossi
The Advantage of Flexible Targeting Rules pp. 863-881
Andrea Ferrero
Credit Risk Spreads in Local and Foreign Currencies pp. 883-901
Dan Galai and Zvi Wiener
Illiquidity in the Interbank Payment System Following Wide‐Scale Disruptions pp. 903-929
Morten L. Bech and Rodney John Garratt
Infrequent Housing Adjustment, Limited Participation, and Monetary Policy pp. 931-955
Andra C. Ghent
Credit Relationships: Evidence from Experiments with Real Bankers pp. 957-980
Simon CORNEE , David Masclet and Gervais Thenet
Real Balance Effects, Timing, and Equilibrium Determination pp. 981-994
Christian A. Stoltenberg
Markups and the Welfare Cost of Business Cycles: A Reappraisal pp. 995-1014
Jean-Olivier Hairault and Francois Langot
Volume 44, issue 06 , 2012
Strategic Complementarity, Stabilization Policy, and the Optimal Degree of Publicity pp. 551-572
Jonathan G. James and Phillip Lawler
Monetary Policy, Bank Lending, and the Risk‐Pricing Channel pp. 573-602
Ruby P. Kishan and Timothy P. Opiela
The Role of Financial Market Structure and the Trade Elasticity for Monetary Policy in Open Economies pp. 603-629
Katrin Rabitsch
The Role of Lending Banks in Forced CEO Turnovers pp. 631-659
Sadi Ozelge and Anthony Saunders
Federal Home Loan Bank Advances and Commercial Bank Portfolio Composition pp. 661-684
W Scott Frame , Diana Hancock and Wayne Passmore
Too Dispersed to Monitor? Ownership Dispersion, Monitoring, and the Prediction of Bank Distress pp. 685-714
Tristan Auvray and Olivier Brossard
Are Some Forecasters Really Better Than Others? pp. 715-732
Antonello D’agostino , Kieran McQuinn and Karl Whelan
Irving Fisher and Price‐Level Targeting in Austria: Was Silver the Answer? pp. 733-750
Richard Burdekin , Kris James Mitchener and Marc D. Weidenmier
Volume 44, issue 03 , 2012
Product Replacement Bias in Inflation and Its Consequences for Monetary Policy pp. 255-299
Henning Weber
Real Exchange Rates and Productivity: Evidence from Asia pp. 301-322
Vikas Kakkar and Isabel Yan
Central Bank Communication and the Perception of Monetary Policy by Financial Market Experts pp. 323-340
Sandra Schmidt and Dieter Nautz
Uncertainty Over Models and Data: The Rise and Fall of American Inflation pp. 341-365
Seth Pruitt
Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market pp. 367-384
Giovanni Dell’ariccia , Deniz Igan and Luc Laeven
The Political Business Cycle: New Evidence from the Nixon Tapes pp. 385-399
Burton Alan Abrams and James L. Butkiewicz
One for Some or One for All? Taylor Rules and Interregional Heterogeneity pp. 401-431
Olivier Coibion and Daniel Goldstein
The Effect of Bank Failures on Economic Activity: Evidence from U.S. States in the Early 20th Century pp. 433-455
Carlos Ramírez and Philip A. Shively
Sacrifice Ratio in a Medium‐Scale New Keynesian Model pp. 457-467
Guido Ascari and Tiziano Ropele
What Does the Yield Curve Tell Us about the Federal Reserve’s Implicit Inflation Target? pp. 469-486
Taeyoung Doh
Understanding Expectation‐Driven Fluctuations: A Labor‐Market Approach pp. 487-506
Pengfei Wang
Government Spending Shocks in Quarterly and Annual Time Series pp. 507-517
Benjamin Born and Gernot Müller
How Payday Credit Access Affects Overdrafts and Other Outcomes pp. 519-531
Donald P. Morgan , Michael R. Strain and Ihab Seblani
Return on Commodity Money, Small Change Problems, and Fiat Money pp. 533-549
Young Sik Kim and Manjong Lee
Volume 44, issue 02 , 2012
Aggregate Implications of Heterogeneous Households in a Sticky‐Price Model pp. 1-22
Jae Won Lee
Editor's Introduction October 2011 pp. 1-1
Kenneth D. West
The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment pp. 3-46
James Hamilton and Jing Cynthia Wu
Estimating the Evolution of Money’s Role in the U.S. Monetary Business Cycle pp. 23-52
Efrem Castelnuovo
Have We Underestimated the Likelihood and Severity of Zero Lower Bound Events? pp. 47-82
Hess Chung , Jean‐philippe Laforte , David Reifschneider and John C. Williams
Monetary Policy Response to Oil Price Shocks pp. 53-101
Jean-Marc Natal
Inflation Dynamics When Inflation Is Near Zero pp. 83-122
Jeffrey C. Fuhrer , Giovanni P. Olivei and Geoffrey M. B. Tootell
The Taylor Rule and Forecast Intervals for Exchange Rates pp. 103-144
Jian Wang and Jason J. Wu
What Has—and Has Not—Been Learned about Monetary Policy in a Low‐Inflation Environment? A Review of the 2000s pp. 123-140
Richard H. Clarida
Revisiting Monetary Policy in a Low‐Inflation and Low‐Utilization Environment pp. 141-146
Alan S. Blinder
Effective Use of Survey Information in Estimating the Evolution of Expected Inflation pp. 145-169
Sharon Kozicki and Peter Tinsley
Monetary Policy in a Low‐Inflation Environment: Developing a State‐Contingent Price‐Level Target pp. 147-155
Charles L. Evans
Monetary Policies and Exchange Rates at the Zero Lower Bound pp. 157-163
Richard Portes
Revisiting Monetary Policy in a Low‐Inflation Environment: Remarks at the Federal Reserve Bank of Boston's 55th Economic Conference pp. 165-174
Eric Rosengren
Do Large Banks Have Lower Costs? New Estimates of Returns to Scale for U.S. Banks pp. 171-199
David C Wheelock and Paul W. Wilson
Japan's Deflation and the Bank of Japan's Experience with Nontraditional Monetary Policy pp. 175-190
Kazuo Ueda
Turning Bagehot on His Head: Lending at Penalty Rates When Banks Can Become Insolvent pp. 201-219
Fabio Castiglionesi and Wolf Wagner
Flexible Prices and the Business Cycle pp. 221-233
Fabrice Collard and Harris Dellas
Estimating Probabilities of Recession in Real Time Using GDP and GDI pp. 235-253
Jeremy J. Nalewaik