International Journal of Central Banking

2005 - 2025

Current editor(s): Loretta J. Mester

From International Journal of Central Banking
Bibliographic data for series maintained by Bank for International Settlements ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 14, issue 5, 2018

Taylor-Rule Exit Policies for the Zero Lower Bound pp. 1-53

Siddhartha Chattopadhyay and Betty Daniel

Decaying Expectations: What Inflation Forecasts Tell Us about the Anchoring of Inflation Expectations pp. 55-101

Aaron Mehrotra and James Yetman

Unconventional Monetary Policy and the Dollar: Conventional Signs, Unconventional Magnitudes pp. 103-152

Reuven Glick and Sylvain Leduc

Leverage and Risk-Weighted Capital Requirements pp. 153-191

Leonardo Gambacorta and Sudipto Karmakar

The Effect of ECB Forward Guidance on the Term Structure of Interest Rates pp. 193-222

Paul Hubert and Fabien Labondance

Information Design, Signaling, and Central Bank Transparency pp. 223-258

Wataru Tamura

The Cost of Quantitative Easing: Liquidity and Market Functioning Effects of Federal Reserve MBS Purchases pp. 259-304

John Kandrac

A Shadow Policy Rate to Calibrate U.S. Monetary Policy at the Zero Lower Bound pp. 305-346

Marco Lombardi and Feng Zhu

Volume 14, issue 4, 2018

A Narrative indicator of Monetary Conditions in China pp. 1-42

Rongrong Sun

Do Phillips Curves Conditionally Help to Forecast Inflation? pp. 43-92

Michael Dotsey, Shigeru Fujita and Tom Stark

The Effects of Government Bond Purchases on Leverage Constraints of Banks and Non-Financial Firms pp. 93-161

Michael Kühl

Central Banks' Predictability: An Assessment by Financial Market Participants pp. 163-185

Bernd Hayo and Matthias Neuenkirch

Crises and Rescues: Liquidity Transmission through Global Banks pp. 187-228

Claudia Buch, Cathérine Koch and Michael Koetter

The Impact of Monetary Strategies on Inflation Persistence pp. 229-274

Evžen Kočenda and Balázs Varga

Deviations from Covered Interest Rate Parity and the Dollar Funding of Global Banks pp. 275-325

Tomoyuki Iida, Takeshi Kimura and Nao Sudo

Monetary Policy and Defaults in the United States pp. 327-358

Michele Pfiffer

Volume 14, issue 3, 2018

Fiscal Consolidation in a Low-Inflation Environment: Pay Cuts versus Lost Jobs pp. 7-52

Guilherme Bandeira, Evi Pappa, Rana Sajedi and Eugenia Vella

Labor Tax Reforms, Cross-Country Coordination, and the Monetary Policy Stance in the Euro Area: A Structural Model-Based Approach pp. 65-140

Pascal Jacquinot, Matija Lozej and Massimiliano Pisani

Monetary and Fiscal Policy Interactions and the Labor Market pp. 153-165

Frank Smets

Tracking Monetary-Fiscal Interactions across Time and Space pp. 167-227

Michal Franta, Jan Libich and Petr Stehlík

Should the ECB Coordinate EMU Fiscal Policies? pp. 237-280

Tatiana Kirsanova, Celsa Machado and Ana Ribeiro

Sovereign Default and Monetary Policy Tradeoffs pp. 289-324

Huixin Bi, Eric Leeper and Campbell Leith

Pitfalls of Coordination? pp. 337-346

Sergey Slobodyan

Welfare Effects of Tax Policy in Open Economies: Stabilization and Cooperation pp. 347-376

Jinill Kim and Sunghyun Kim

Optimal Monetary Policy and Fiscal Policy Interaction in a Non-Ricardian Economy pp. 389-436

Massimiliano Rigon and Francesco Zanetti

Independent Central Banks and the Interplay between Monetary and Fiscal Policy pp. 447-470

Athanasios Orphanides

Volume 14, issue 2, 2018

Fiscal Policy Stabilization: Purchases or Transfers? pp. 1-50

Neil R. Mehrotra

Evaluating Indicators for Use in Setting the Countercyclical Capital Buffer pp. 51-112

Eero Tölö, Helinä Laakkonen and Simo Kalatie

The Rate Elasticity of Retail Deposits in the United Kingdom: A Macroeconomic Investigation pp. 113-158

Ching-Wai (Jeremy) Chiu and John Hill

Targeting Constant Money Growth at the Zero Lower Bound pp. 159-204

Michael Belongia and Peter Ireland

Learning about Commodity Cycles and Saving-Investment Dynamics in a Commodity-Exporting Economy pp. 205-262

Jorge Fornero and Markus Kirchner

Bond Vigilantes and Inflation pp. 263-300

Andrew Rose and Mark Spiegel

Global Factors in the Term Structure of Interest Rates pp. 301-340

Mirko Abbritti, Salvatore Dell’Erba, Antonio Moreno and Sergio Sola

Expectations about the Federal Reserve’s Balance Sheet and the Term Structure of Interest Rates pp. 341-391

Jane Ihrig, Elizabeth Klee, Canlin Li, Min Wei and Joe Kachovec

Volume 14, issue 1, 2018

Reassessing the Role of Labor Market Institutions for the Business Cycle pp. 1-34

Mirko Abbritti and Sebastian Weber

Tail Co-movement in Inflation Expectations as an Indicator of Anchoring pp. 35-71

Filippo Natoli and Laura Sigalotti

Monetary Policy, Financial Conditions, and Financial Stability pp. 73-131

Tobias Adrian and Nellie Liang

Optimality of the Friedman Rule in Economies with Money Demand by Firms pp. 133-158

Mehrab Kiarsi

The Effects of Monetary and Exchange Rate Policy Shocks: Evidence from an Emerging Market Economy pp. 159-199

Yasin Onder and Mauricio Villamizar-Villegas

Monetary and Macroprudential Policies to Manage Capital Flows pp. 201-257

Juan Medina and Jorge Roldós

Measuring the Natural Interest Rate for the Turkish Economy pp. 259-316

Vuslat Us

Currency Mismatch in the Banking Sector in Latin America and the Caribbean pp. 317-364

Martin Tobal

Volume 13, issue 4, 2017

A Global Trade Model for the Euro Area pp. 1-34

Antonello D’Agostino, Michele Modugno and Chiara Osbat

Optimal Monetary Policy with Nominal Rigidities and Lumpy Investment pp. 35-62

Tommy Sveen and Lutz Weinke

Disruptions in Large-Value Payment Systems: An Experimental Approach pp. 63-95

Klaus Abbink, Ronald Bosman, Ronald Heijmans and Frans van Winden

Cyclicality and Firm Size in Private Firm Defaults pp. 97-145

Thais Lærkholm Jensen, David Lando and Mamdouh Medhat

Predicting Vulnerabilities in the EU Banking Sector: The Role of Global and Domestic Factors pp. 147-189

Markus Behn, Carsten Detken, Tuomas Peltonen and Willem Schudel

The Great Globalization and Changing Inflation Dynamics pp. 191-226

Chengsi Zhang

Quantitative Easing and Tapering Uncertainty: Evidence from Twitter pp. 227-258

Annette Meinusch and Peter Tillmann

Fiscal Consolidation in an Open Economy with Sovereign Premia and without Monetary Policy Independence pp. 259-306

Apostolis Philippopoulos, Petros Varthalitis and Vanghelis Vassilatos

Volume 13, issue 3, 2017

Are Low Real Interest Rates Here to Stay? pp. 1-42

Lukasz Rachel and Thomas Smith

Monetary Policy, the Financial Cycle, and Ultra-Low Interest Rates pp. 55-89

John Juselius, Claudio Borio, Piti Disyatat and Mathias Drehmann

Commentary: Low Interest Rates: Causes and Consequences pp. 103-117

Robert Hall

Macroprodential Policy under Uncertainty pp. 119-154

Saleem Bahaj and Angus Foulis

Lower-Bound Beliefs and Long-Term Interest Rates pp. 165-202

Christian Grisse, Signe Krogstrup and Silvio Schumacher

Capital Injection to Banks versus Debt Relief to Households pp. 213-268

Jinhyuk Yoo

Commentary: Policies for Crises Prevention and Management pp. 277-285

Arvind Krishnamurthy

Leaning Against the Wind When Credit Bites Back pp. 287-320

Karsten R. Gerdrup, Frank Hansen, Tord Krogh and Junior Maih

Monetary Policy, Private Debt, and Financial Stability Risks pp. 337-373

Gregory Bauer and Eleonora Granziera

Commentary: Leaning Against the Wind: Costs and Benefits, Effects on Debt, Leaning in DSGE Models, and a Framework for Comparison of Results pp. 385-408

Lars Svensson

Volume 13, issue 2, 2017

International Prudential Policy Spillovers: Evidence from the International Banking Research Network pp. 1-4

Claudia Buch, Matthieu Bussiere and Linda Goldberg

Inferring Inflation Expectations from Fixed-Event Forecasts pp. 1-31

Diego Winkelried

International Prudential Policy Spillovers: A Global Perspective pp. 5-33

Stefan Avdjiev, Cathérine Koch, Patrick McGuire and Goetz von Peter

Fixed Prices and Regulatory Discretion as Triggers for Contingent Capital Conversion: An Experimental Examination pp. 33-71

Douglas Davis and Edward Prescott

International Banking and Cross-Border Effects of Regulation: Lessons from Canada pp. 35-64

Evren Damar and Adi Mordel

International Banking and Cross-Border Effects of Regulation: Lessons from Switzerland pp. 65-93

Simone Auer, Maja Ganarin Wallmer and Pascal Towbin

To Respond or Not to Respond: Measures of the Output Gap in Theory and in Practice pp. 73-120

Guy Segal

International Banking and Cross-Border Effects of Regulation: Lessons from Chile pp. 95-127

Alejandro Jara and Luis Cabezas

When the Walk Is Not Random: Commodity Prices and Exchange Rates pp. 121-158

Emanuel Kohlscheen, Fernando Avalos and Andreas Schrimpf

International Banking and Cross-Border Effects of Regulation: Lessons from Germany pp. 129-162

Jana Ohls, Marcus Pramor and Lena Tonzer

The Effects of Monetary Policy Accouncements at the Zero Lower Bound pp. 159-196

Natsuki Arai

International Banking and Cross-Border Effects of Regulation: Lessons from France pp. 163-193

Matthieu Bussiere, Julia Schmidt and Frederic Vinas

International Banking and Cross-Border Effects of Regulation: Lessons from Hong Kong pp. 195-221

Kelvin Ho, Eric Wong and Edward Tan

Assessing the Sources of Credit Supply Tightening: Was the Sovereign Debt Crisis Different from Lehman? pp. 197-234

Paolo Del Giovane, Andrea Nobili and Federico Signoretti

International Banking and Cross-Border Effects of Regulation: Lessons from Italy pp. 223-247

Marianna Caccavaio, Luisa Carpinelli and Giuseppe Marinelli

Joint Validation of Credit Rating PDs under Default Correlation pp. 235-282

Ricardo Schechtman

International Banking and Cross-Border Effects of Regulation: Lessons from Mexico pp. 249-271

Gabriel Levin-Konigsberg, Calixto López, Fabrizio López-Gallo and Serafín Martínez-Jaramillo

International Banking and Cross-Border Effects of Regulation: Lessons from Korea pp. 271-292

Hyunggeun Park and Jungyeoun Lee

Currency Wars, Coordination, and Capital Controls pp. 283-308

Olivier Blanchard

International Banking and Cross-Border Effects of Regulation: Lessons from the Netherlands pp. 293-313

Jon Frost, Jakob de Haan and Neeltje Van Horen

International Banking and Cross-Border Effects of Regulation: Lessons from Poland pp. 315-340

Krzysztof Gajewski and Oskar Krzesicki

International Banking and Cross-Border Effects of Regulation: Lessons from Portugal pp. 341-377

Diana Bonfim and Sónia Costa

International Banking and Cross-Border Effects of Regulation: Lessons from Turkey pp. 379-403

Yusuf Baskaya, Mahir Binici and Turalay Kenç

International Banking and Cross-Border Effects of Regulation: Lessons from the United Kingdom pp. 404-433

Robert Hills, Dennis Reinhardt, Rhiannon Sowerbutts and Tomasz Wieladek

International Banking and Cross-Border Effects of Regulation: Lessons from the United States pp. 435-476

Jose M Berrospide, Ricardo Correa, Linda Goldberg and Friederike Niepmann

Changes in Prudential Policy Instruments - A New Cross-Country Database pp. 477-503

Eugenio Cerutti, Ricardo Correa, Elisabetta Fiorentino and Esther Segalla

Cross-Border Prudential Policy Spillovers: How Much? How Important? Evidence from the International Banking Research Network pp. 505-558

Claudia Buch and Linda Goldberg

Volume 13, issue 1, 2017

Assessing and Combining Financial Conditions Indexes pp. 1-52

Sirio Aramonte, Samuel Rosen and John W. Schindler

Can the Fed Talk the Hind Legs Off the Stock Market? pp. 53-94

Sylvester Eijffinger, Ronald Mahieu and Louis Raes

Heterogeneous Bank Lending Responses to Monetary Policy: New Evidence from a Real-Time Identification pp. 95-149

John Bluedorn, Christopher Bowdler and Christoffer Koch

State Dependency in Price and Wage Setting pp. 151-189

Shuhei Takahashi

Tight Money and the Sustainability of Public Debt pp. 191-223

Sergey Pekarski

Consumers' Attitudes and Their Inflation Expectations pp. 225-259

Michael Ehrmann, Damjan Pfajfar and Emiliano Santoro

Aggregate Dynamics after a Shock to Monetary Policy in Developing Countries pp. 261-296

Emek Karaca and Mustafa Tugan

Effectiveness and Transmission of the ECB's Balance Sheet Policies pp. 297-333

Jef Boeckx, Maarten Dossche and Gert Peersman