Journal of Money, Credit and Banking

1969 - 2013

Continued by Journal of Money, Credit and Banking.

Current editor(s): Robert deYoung, Paul Evans, Pok-Sang Lam and Kenneth D. West

From Blackwell Publishing
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().

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 37, month October, 2005

Are Two Heads Better than One? Monetary Policy by Committee pp. 789-811

Alan Blinder and John Morgan

Optimal Monetary Policy at the Zero-Interest-Rate Bound pp. 813-35

Taehun Jung, Yuki Teranishi and Tsutomu Watanabe

Average Inflation Targeting pp. 837-63

Marianne Nessen and David Vestin

Is the Response of Output to Monetary Policy Asymmetric? Evidence from a Regime-Switching Coefficients Model pp. 865-86

Ming Lo and Jeremy Piger

Regime Changes in International Real Interest Rates: Are They a Monetary Phenomenon? pp. 887-906

David E Rapach and Mark Wohar

Capital Subsidies versus Labor Subsidies: A Trade-Off between Capital and Employment? pp. 907-22

Alberto Petrucci and Edmund Phelps

Measuring the Default Risk of Small Business Loans: A Survival Analysis Approach pp. 923-47

Dennis Glennon and Peter Nigro

Some New Variance Bounds for Asset Prices pp. 949-55

Charles Engel

Famous Myths of "Fiat Money" pp. 957-67

Dror Goldberg

Money and Specialization in a Neoclassical Growth Model pp. 969-75

Edgar Ghossoub and Robert Reed

Volume 37, month August, 2005

Asymmetric Information and Monetary Policy in Common Currency Areas pp. 603-21

Laura Bottazzi and Paolo Manasse

How Well Do Mexican Banks Manage Their Reserves? pp. 623-43

Eduardo Jallath-Coria, Tridas Mukhopadhyay and Amir Yaron

Estimates of the Effectiveness of Monetary Policy pp. 645-60

Ray Fair

Regional Influences on FOMC Voting Patterns pp. 661-77

Ellen Meade and D Nathan Sheets

Conditional Time-Varying Interest Rate Risk Premium: Evidence from the Treasury Bill Futures Market pp. 679-98

Alan C Hess and Avraham Kamara

Tax Smoothing with Stochastic Interest Rates: A Reassessment of Clinton's Fiscal Legacy pp. 699-724

Huw Lloyd-Ellis, Shiqiang Zhan and Xiaodong Zhu

How Bad Are Twins? Output Costs of Currency and Banking Crises pp. 725-52

Michael M Hutchison and Ilan Noy

Bank Asset Liquidation and the Propagation of the U.S. Great Depression pp. 753-73

Ali Anari, James Kolari and Joseph Mason

Monetary Policy, Foreign Exchange Policy, and Delayed Overshooting pp. 775-82

Soyoung Kim

David Hume on Canadian Paper Money: An Overlooked Contribution pp. 783-87

Robert Dimand

Volume 37, month June, 2005

Forecasting Using Relative Entropy pp. 383-401

John Robertson, Ellis Tallman and Charles Whiteman

News and Noise in G-7 GDP Announcements pp. 403-19

Jon Faust, John Rogers and Jonathan Wright

Identification Issues in Forward-Looking Models Estimated by GMM, with an Application to the Phillips Curve pp. 421-48

Sophocles Mavroeidis

Federal Funds Rate Prediction pp. 449-71

Lucio Sarno, Daniel Thornton and Giorgio Valente

Evaluating the Predictability of Exchange Rates Using Long-Horizon Regressions: Mind Your p's and q's! pp. 473-94

Michael McCracken and Stephen G Sapp

Exchange Rate Predictability and Monetary Fundamentals in a Small Multi-country Panel pp. 495-516

Jan Groen

Nonlinear Forecasting Analysis Using Diffusion Indexes: An Application to Japan pp. 517-38

Mototsugu Shintani

A Core Inflation Indicator for the Euro Area pp. 539-60

Riccardo Cristadoro, Mario Forni, Lucrezia Reichlin and Giovanni Veronese

Forecasting Financial Volatilities with Extreme Values: The Conditional Autoregressive Range (CARR) Model pp. 561-82

Ray Chou

The Reliability of Inflation Forecasts Based on Output Gap Estimates in Real Time pp. 583-601

Athanasios Orphanides and Simon van Norden

Volume 37, month April, 2005

Credit Scoring and the Availability, Price, and Risk of Small Business Credit pp. 191-222

Allen Berger, W Frame and Nathan H Miller

Courts and Banks: Effects of Judicial Enforcement on Credit Markets pp. 223-44

Tullio Jappelli, Marco Pagano and Magda Bianco

Assessing the Lucas Critique in Monetary Policy Models pp. 245-72

Glenn Rudebusch

Real Implications of the Zero Bound on Nominal Interest Rates pp. 273-96

Alexander Wolman

Does Labor's Share Drive Inflation? pp. 297-312

Jeremy Rudd and Karl Whelan

Microfoundations of Macroeconomic Price Adjustment: Survey Evidence from Swedish Firms pp. 313-38

Mikael Apel, Richard Friberg and Kerstin Hallsten

Deregulation, Intensity of Competition, Industry Evolution, and the Productivity Growth of U.S. Commercial Banks pp. 339-60

Dogan Tirtiroglu, Kenneth Daniels and Ercan Tirtiroglu

State of the Art Unit Root Tests and Purchasing Power Parity pp. 361-69

Claude Lopez, Christian J Murray and David Papell

Openness, Central Bank Independence, and the Sacrifice Ratio pp. 371-79

Joseph Daniels, Farrokh Nourzad and David VanHoose

Volume 37, month February, 2005

Fiscal Policy in the Aftermath of 9/11 pp. 1-22

Martin Eichenbaum and Jonas Fisher

The Success and Failure of Reforms in Transition Economies pp. 23-42

Stephen Parente and José-Víctor Ríos-Rull

Deposit Insurance and Financial Development pp. 43-82

Robert Cull, Lemma W Senbet and Marco Sorge

Bank Lending to Small Businesses in Latin America: Does Bank Origin Matter? pp. 83-118

George Clarke, Robert Cull, Maria Martinez Peria and Susana M Sanchez

A Dynamic Model of Money, Credit, and Consumption: A Joint Model for the UK Household Sector pp. 119-43

K Alec Chrystal and Paul Mizen

R&D, Implementation, and Stagnation: A Schumpeterian Theory of Convergence Clubs pp. 147-77

Peter Howitt and David Mayer-Foulkes

Aggregate Supply, Investment in Capacity, and Potential Output pp. 179-90

Assaf Razin

Volume 36, month December, 2004

Money's Role in the Monetary Business Cycle pp. 969-83

Peter Ireland

Home Is Where the Equity Is: Mortgage Refinancing and Household Consumption pp. 985-1014

Erik Hurst and Frank Stafford

Endogenous Time-Dependent Rules and Inflation Inertia pp. 1015-41

Marco Bonomo and Carlos Carvalho

Incorporating Equity Market Information into Supervisory Monitoring Models pp. 1043-67

John Krainer and Jose Lopez

Dynamics of Growth and Profitability in Banking pp. 1069-90

John Goddard, Philip Molyneux and John Wilson

A Direct Test of the Permanent Income Hypothesis with an Application to the U.S. States pp. 1091-1103

Joseph DeJuan, John J Seater and Tony Wirjanto

Robustly Optimal Instrument Rules and Robust Control: An Equivalence Result pp. 1105-13

Carl Walsh

Hyperinflationary Equilibria and Timing: A Note pp. 1115-20

Charles Carlstrom and Timothy Fuerst

Charity Donations and the Euro Introduction: Some Quasi-Experimental Evidence on Money Illusion pp. 1121-24

Peter Kooreman, Riemer P Faber and Heleen M J Hofmans

Volume 36, month October, 2004

Financial Flexibility and the Cost of External Finance for U.S. Bank Holding Companies pp. 827-52

Matthew T Billett and Jon A Garfinkel

Diversification in Banking: Is Noninterest Income the Answer? pp. 853-82

Kevin J Stiroh

The Transitional Dynamics of Fiscal Policy: Long-Run Capital Accumulation and Growth pp. 883-910

Stephen J Turnovsky

Another Perspective on the Effects of Inflation Uncertainty pp. 911-28

John Elder

Geographic Deregulation of Banking and Economic Growth pp. 929-42

Margaret Z Clarke

Scale Economies, Scope Economies, and Technical Change in Federal Reserve Payment Processing pp. 943-58

Robert M Adams, Paul Bauer and Robin C Sickles

Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends? pp. 959-63

Valerie Ramey and Daniel J Vine

Credit Derivatives Premium as a New Japan Premium pp. 965-68

Takatoshi Ito and Kimie Harada

Volume 36, month June, 2004

Monetary Policy and Stagflation in the UK pp. 293-318

Edward Nelson and Kalin Nikolov

Rounding Error: A Distorting Influence on Index Data pp. 319-38

Sharon Kozicki and Barak Hoffman

Is There a Positive Relationship between Stock Market Volatility and the Equity Premium? pp. 339-60

Chang-Jin Kim, James Morley and Charles Nelson

The Nonlinear Phillips Curve and Inflation Forecast Targeting: Symmetric versus Asymmetric Monetary Policy Rules pp. 361-86

Eric Schaling

The Response of Term Rates to Fed Announcements pp. 387-405

Selva Demiralp and Oscar Jorda

Majority Rule, Consensus Building, and the Power of the Chairman: Arthur Burns and the FOMC pp. 407-22

Henry Chappell, Rob Roy McGregor and Todd Vermilyea

The Uncertain Unit Root in U.S. Real GDP: Evidence with Restricted and Unrestricted Structural Change pp. 423-27

David Papell and Ruxandra Prodan

The Great Depression and Output Persistence: A Reply to Papell and Prodan pp. 429-32

Christian J Murray and Charles Nelson

Bank Concentration and Competition: An Evolution in the Making pp. 433-51

Berger, Allen N, et al

Competition and Financial Stability pp. 453-80

Franklin Allen and Douglas Gale

Comment on "Competition and Financial Stability" by Franklin Allen and Douglas Gale pp. 481-86

Charles Kahn

Crises in Competitive versus Monopolistic Banking Systems pp. 487-506

John H Boyd, Gianni De Nicolo and Bruce D Smith

Comment on "Crises in Competitive versus Monopolistic Banking Systems" by John H. Boyd, Gianni De Nicolo, and Bruce D. Smith pp. 507-09

Anjan Thakor

How Foreign Participation and Market Concentration Impact Bank Spreads: Evidence from Latin America pp. 511-37

Maria Martinez Peria and Ashoka Mody

Comment on "How Foreign Participation and Market Concentration Impact Bank Spreads: Evidence from Latin America" by Maria Soledad Martinez Peria and Ashoka Mody pp. 539-42

Stephen Haber

Real Effects of Bank Competition pp. 543-58

Nicola Cetorelli

Comment on "Real Effects of Bank Competition" by Nicola Cetorelli pp. 559-62

Richard Rosen

What Drives Bank Competition? Some International Evidence pp. 563-83

Stijn Claessens and Luc Laeven

Comment on "What Drives Bank Competition? Some International Evidence" by Stijn Claessens and Luc Laeven pp. 585-92

Sherrill Shaffer

Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation pp. 593-622

Asli Demirguc-Kunt, Luc Laeven and Ross Levine

Comment on "Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation" by Asli Demirguc-Kunt, Luc Laeven, and Ross Levine pp. 623-26

Philip E Strahan

Bank Competition and Access to Finance: International Evidence pp. 627-48

Thorsten Beck, Asli Demirguc-Kunt and Vojislav Maksimovic

Comment on "Bank Competition and Access to Finance: International Evidence" by Thorsten Beck, Asli Demirguc-Kunt, and Vojislav Maksimovic pp. 649-54

Ozgur Ergungor

Volume 36, month April, 2004

Monetary Policy Rules, Macroeconomic Stability, and Inflation: A View from the Trenches pp. 151-75

Athanasios Orphanides

Adapting Prices or Quantities in the Presence of Adjustment Costs? pp. 177-96

Torben M Andersen and Eric Toulemonde

The Role of Bank Advisors in Mergers and Acquisitions pp. 197-224

Allen, Linda, et al

Bank Competition and Firm Creation pp. 225-51

Emilia Bonaccorsi di Patti and Giovanni Dell'ariccia

Weighted Median Inflation: Is This Core Inflation? pp. 253-63

Julie Smith

Oil Shocks and Aggregate Macroeconomic Behavior: The Role of Monetary Policy: Comment pp. 265-86

James D Hamilton and Ana María Herrera

Oil Shocks and Aggregate Macroeconomic Behavior: The Role of Monetary Policy: Reply pp. 287-91

Ben Bernanke, Mark Gertler and Mark Watson

Volume 36, month February, 2004

Interest Rate Policy in Continuous Time with Discrete Delays pp. 1-15

Jess Benhabib

Why Are Prices Sticky? The Dynamics of Wholesale Gasoline Prices pp. 17-37

Michael Davis and James D Hamilton

Expectations, Heterogeneous Forecast Errors, and Consumption: Micro Evidence from the Michigan Consumer Sentiment Surveys pp. 39-72

Nicholas S Souleles

Catching Up with the Joneses in a Sticky Price Model pp. 73-93

Yongseung Jung

Central Bank Design in General Equilibrium pp. 95-113

James Bullard and Christopher Waller

The Optimal Design of Interest Rate Target Changes pp. 115-37

Graeme Guthrie and Julian Wright

The Role of Search Costs in Determining the Relationship between Inflation and Profit Margins pp. 139-49

Carl R Gwin and Beck Taylor