Content
February 2012, Volume 44, Issue 1
- 171-199 Do Large Banks Have Lower Costs? New Estimates of Returns to Scale for U.S. Banks
by David C. Wheelock & Paul W. Wilson - 201-219 Turning Bagehot on His Head: Lending at Penalty Rates When Banks Can Become Insolvent
by Fabio Castiglionesi & Wolf Wagner - 221-233 Flexible Prices and the Business Cycle
by Fabrice Collard & Harris Dellas - 235-253 Estimating Probabilities of Recession in Real Time Using GDP and GDI
by Jeremy J. Nalewaik
October 2011, Volume 43, Issue s2
- 261-282 Liquidity in Frictional Asset Markets
by Guillaume Rocheteau & Pierre‐Olivier Weill - 283-303 Trading Frictions and House Price Dynamics
by Andrew Caplin & John Leahy - 305-309 Discussion of “Trading Frictions and House Price Dynamics”
by François Ortalo‐Magné - 311-348 Precautionary Reserves and the Interbank Market
by Adam Ashcraft & James Mcandrews & David Skeie - 349-353 Discussion of “Precautionary Reserves and the Interbank Market”
by Arvind Krishnamurthy - 355-377 Information and Liquidity
by Benjamin Lester & Andrew Postlewaite & Randall Wright - 379-384 Discussion of “Information and Liquidity”
by Guillaume Rocheteau - 385-411 From Search to Match: When Loan Contracts Are Too Long
by Christophe Chamley & Céline Rochon - 413-417 Discussion of “From Search to Match: When Loan Contracts Are Too Long”
by Adriano A. Rampini - 419-442 Money, Bargaining, and Risk Sharing
by Nicolas L. Jacquet & Serene Tan - 443-448 Discussion of “Money, Bargaining, and Risk Sharing”
by Manolis Galenianos - 449-476 Banking in a Matching Model of Money and Capital
by Valerie R. Bencivenga & Gabriele Camera - 477-485 Discussion of “Banking in a Matching Model of Money and Capital”
by Todd Keister - 487-512 Uncertainty, Inflation, and Welfare
by Jonathan Chiu & Miguel Molico - 513-519 Discussion of “Uncertainty, Inflation, and Welfare”
by Scott J. Dressler - 521-552 Asset Prices, Liquidity, and Monetary Policy in an Exchange Economy
by Ricardo Lagos - 553-558 Discussion of “Asset Prices, Liquidity, and Monetary Policy in an Exchange Economy”
by Tan Wang - 559-580 Price‐Level Targeting and Stabilization Policy
by Aleksander Berentsen & Christopher Waller - 581-588 Discussion of “Price‐Level Targeting and Stabilization Policy”
by Gauti B. Eggertsson - 589-619 Precautionary Demand and Liquidity in Payment Systems
by Gara Afonso & Hyun Song Shin - 621-623 Discussion of “Precautionary Demand and Liquidity in Payment Systems”
by Charles M. Kahn - 625-636 Counterfeiting as Private Money in Mechanism Design
by Ricardo Cavalcanti & Ed Nosal - 637-643 Discussion of “Counterfeiting as Private Money in Mechanism Design”
by Cyril Monnet
August 2011, Volume 43, Issue s1
- 1-1 Special Issue Editors’ Introduction
by Harris Dellas & Pok‐sang Lam & Masao Ogaki - 3-6 A Dialogue between Micro‐ and Macroeconomics: Introduction
by Harris Dellas - 7-37 Individual and Aggregate Labor Supply with Coordinated Working Times
by Richard Rogerson - 39-86 Returns to Skills and the College Premium
by Flavio Cunha & Fatih Karahan & Ilton Soares - 87-110 A Survey of New Keynesian Theories of Aggregate Supply and Their Relation to Industrial Organization
by John Leahy - 111-145 Firm Microstructure and Aggregate Productivity
by Hugo A. Hopenhayn - 147-174 Optimal Taxation: Merging Micro and Macro Approaches
by Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski - 175-205 The Importance of Asymmetric Tax Policy and Dangers of Aggregation
by Kenneth L. Judd - 207-231 Social Preferences and Competition
by Klaus M. Schmidt - 233-260 Asset Bubbles and the Cost of Economic Fluctuations
by Kyle Chauvin & David Laibson & Johanna Mollerstrom
December 2011, Volume 43, Issue 8
- 1543-1577 Taxation and Income Distribution Dynamics in a Neoclassical Growth Model
by Cecilia García‐Peñalosa & Stephen J. Turnovsky - 1579-1597 Analyzing U.S. Output and the Great Moderation by Simultaneous Unobserved Components
by Enzo Weber - 1599-1624 Order Flow and the Monetary Model of Exchange Rates: Evidence from a Novel Data Set
by Menzie D. Chinn & Michael J. Moore - 1625-1661 Dynamic Prudential Regulation: Is Prompt Corrective Action Optimal?
by Ilhyock Shim - 1663-1684 Does Inflation Adjust Faster to Aggregate Technology Shocks than to Monetary Policy Shocks?
by Luigi Paciello - 1685-1706 Learning about the Term Structure and Optimal Rules for Inflation Targeting
by Mewael F. Tesfaselassie & Eric Schaling & Sylvester Eijffinger - 1707-1717 Monetary Policy Inclinations
by Hans Gersbach & Volker Hahn - 1719-1734 The Welfare Effect of Foreign Monetary Conservatism with Nonatomistic Wage Setters
by Vincenzo Cuciniello - 1735-1748 International Spillover Effects and Monetary Policy Activism
by Anna Lipińska & Morten Spange & Misa Tanaka
October 2011, Volume 43, Issue 7
- 1287-1331 Optimal Monetary Policy in an Operational Medium‐Sized DSGE Model
by Malin Adolfson & Stefan Laséen & Jesper Lindé & Lars E.O. Svensson - 1333-1369 Differences in Hours Worked in the OECD: Institutions or Fiscal Policies?
by Tino Berger & Freddy Heylen - 1371-1398 Safety‐Net Losses from Abandoning Glass–Steagall Restrictions
by Kenneth A. Carow & Edward J. Kane & Rajesh P. Narayanan - 1399-1421 Bank Finance versus Bond Finance
by Fiorella De Fiore & Harald Uhlig - 1423-1442 Fundamentals, Misvaluation, and Business Investment
by Robert S. Chirinko & Huntley Schaller - 1443-1474 Evolving Macroeconomic Dynamics in a Small Open Economy: An Estimated Markov Switching DSGE Model for the UK
by Philip Liu & Haroon Mumtaz - 1475-1504 Precautionary Saving and Endogenous Labor Supply with and without Intertemporal Expected Utility
by Diego Nocetti & William T. Smith - 1505-1522 Inflation Targeting as Constrained Discretion
by Junhan Kim - 1523-1541 Convergence of Real Capital Market Interest Rates—Evidence from Inflation Indexed Bonds
by Helmut Herwartz & Jan Roestel
September 2011, Volume 43, Issue 6
- 1043-1072 Subordinated Debt, Market Discipline, and Bank Risk
by Yehning Chen & Iftekhar Hasan - 1073-1107 The Incredible HOLC? Mortgage Relief during the Great Depression
by Jonathan D. Rose - 1109-1129 Monetary Policy and Banking Structure
by Tarishi Matsuoka - 1131-1164 Search Frictions, Real Rigidities, and Inflation Dynamics
by Carlos Thomas - 1165-1183 Why Don’t Oil Shocks Cause Inflation? Evidence from Disaggregate Inflation Data
by Lance J. Bachmeier & Inkyung Cha - 1185-1215 Replacing a “Disobedient” Central Bank Governor with a “Docile” One: A Novel Measure of Central Bank Independence and Its Effect on Inflation
by Guillermo Vuletin & Ling Zhu - 1217-1245 Credit Rationing and Credit View: Empirical Evidence from an Ethical Bank in Italy
by Leonardo Becchetti & Maria Melody Garcia & Giovanni Trovato - 1247-1270 What Is the Importance of Monetary and Fiscal Shocks in Explaining U.S. Macroeconomic Fluctuations?
by Barbara Rossi & Sarah Zubairy - 1271-1285 Identifying Discretionary Fiscal Policy Reactions with Real‐Time Data
by Ulf Von Kalckreuth & Guntram B. Wolff
August 2011, Volume 43, Issue 5
- 795-834 Inflation and Welfare in Long‐Run Equilibrium with Firm Dynamics
by Alexandre Janiak & Paulo Santos Monteiro - 835-869 The Growth and Welfare Effects of Deficit‐Financed Dividend Tax Cuts
by Pietro F. Peretto - 871-897 Monetary Policy Estimation in Real Time: Forward‐Looking Taylor Rules without Forward‐Looking Data
by Alex Nikolsko‐Rzhevskyy - 899-921 Technology and Financial Development
by Anna Ilyina & Roberto Samaniego - 923-958 The Interbank Market after August 2007: What Has Changed, and Why?
by Paolo Angelini & Andrea Nobili & Cristina Picillo - 959-992 Investment and Monetary Policy: Learning and Determinacy of Equilibrium
by John Duffy & Wei Xiao - 993-1017 Differential Interpretation in the Survey of Professional Forecasters
by Sebastiano Manzan - 1019-1033 Determinacy under Inflation Targeting Interest Rate Policy in a Sticky Price Model with Investment (and Labor Bargaining)
by Takushi Kurozumi & Willem Van Zandweghe - 1035-1042 Central Bank Independence, Political Regimes, and the Sacrifice Ratio: A Replication Study of
by Hajime Katayama & Natalia Ponomareva & Malvin Sharma
June 2011, Volume 43, Issue 4
- 577-607 Does Money Matter in Shaping Domestic Business Cycles? An International Investigation
by Fabio Canova & Tobias Menz - 609-631 Deconstructing a Mortgage Meltdown: A Methodology for Decomposing Underwriting Quality
by Charles D. Anderson & Dennis R. Capozza & Robert Van Order - 633-655 The Role of Soft Information in a Dynamic Contract Setting: Evidence from the Home Equity Credit Market
by Sumit Agarwal & Brent W. Ambrose & Souphala Chomsisengphet & Chunlin Liu - 657-688 Fixed‐ and Variable‐Rate Mortgages, Business Cycles, and Monetary Policy
by Margarita Rubio - 689-709 Monetary Policy in the Media
by Helge Berger & Michael Ehrmann & Marcel Fratzscher - 711-734 The Bank Lending Channel Revisited
by Piti Disyatat - 735-764 Regulations and Productivity Growth in Banking: Evidence from Transition Economies
by Manthos D. Delis & Philip Molyneux & Fotios Pasiouras - 765-774 Central Bank Transparency and the Crowding Out of Private Information in Financial Markets
by Clemens Kool & Menno Middeldorp & Stephanie Rosenkranz - 775-785 The Roles of Nominal Exchange Rate and Relative Price Adjustments in PPP Reversion
by Deokwoo Nam - 787-794 The Keynesian Multiplier Effect Reconsidered
by Yoshiyasu Ono
March 2011, Volume 43, Issue 2‐3
- 255-296 Winners and Losers in Housing Markets
by Nobuhiro Kiyotaki & Alexander Michaelides & Kalin Nikolov - 297-324 Did the Financial Crisis in Japan Affect Household Welfare Seriously?
by Yasuyuki Sawada & Kazumitsu Nawata & Masako Ii & Mark J. Lee - 325-353 Rule‐of‐Thumb Consumers Meet Sticky Wages
by Andrea Colciago - 355-384 The Optimal Rate of Inflation with Trending Relative Prices
by Alexander L. Wolman - 385-406 Price Adjustments in a General Model of State‐Dependent Pricing
by James Costain & Anton Nakov - 407-440 Credit and the Natural Rate of Interest
by Fiorella De Fiore & Oreste Tristani - 441-459 Competitive Lending with Partial Knowledge of Loan Repayment: Some Positive and Normative Analysis
by William A. Brock & Charles F. Manski - 461-490 Small and Medium‐Sized Enterprises, Bank Relationship Strength, and the Use of Venture Capital
by Allen N. Berger & Klaus Schaeck - 491-517 Household Borrowing after Personal Bankruptcy
by Song Han & Geng Li - 519-534 Dynamic Limited Dependent Variable Modeling and U.S. Monetary Policy
by George Monokroussos - 535-552 Taylor Rules and the Euro
by Tanya Molodtsova & Alex Nikolsko‐Rzhevskyy & David H. Papell - 553-563 The Failure of Woodford's Model of the Channel System in the Cashless Economy
by Colin Rogers - 565-574 Two Who Called the Great Depression: An Initial Formulation of the Monetary‐Origins View
by George S. Tavlas
February 2011, Volume 43, Issue 1
- 1-29 Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach
by Ippei Fujiwara & Yasuo Hirose & Mototsugu Shintani - 31-54 A New Keynesian Perspective on the Great Recession
by Peter N. Ireland - 55-79 How Large Are Housing and Financial Wealth Effects? A New Approach
by Christopher D. Carroll & Misuzu Otsuka & Jiri Slacalek - 81-108 Minimal Settlement Assets in Economies with Interconnected Financial Obligations
by Julio J. Rotemberg - 109-132 The Effects of Formal and Informal Contracting in Credit Availability
by Gabriel Jiménez & Vicente Salas‐Fumás & Jesús Saurina - 133-161 Credit Crunch Caused by Bank Failures and Self‐Selection Behavior in Lending Markets
by Naoaki Minamihashi - 163-183 Nonoptimality of the Friedman Rule with Capital Income Taxation
by Alberto Petrucci - 185-206 The Credibility of Hong Kong's Link from the Perspective of Modern Financial Theory
by Hans Genberg & Cho‐Hoi Hui - 207-220 An Empirical Investigation of the Effects of Rounding on the SPF Probabilities of Decline and Output Growth Histograms
by Michael P. Clements - 221-251 Nonseparable Preferences, Frisch Labor Supply, and the Consumption Multiplier of Government Spending: One Solution to a Fiscal Policy Puzzle
by Florin O. Bilbiie
September 2010, Volume 42, Issue s1
- 1-1 Editor's Introduction
by Marc P. Giannoni & Kenneth D. West - 3-35 Credit Spreads and Monetary Policy
by Vasco Cúrdia & Michael Woodford - 37-70 Optimal Monetary Policy in a Model with Agency Costs
by Charles T. Carlstrom & Timothy S. Fuerst & Matthias Paustian - 71-105 Leverage Constraints and the International Transmission of Shocks
by Michael B. Devereux & James Yetman - 107-141 Credit and Banking in a DSGE Model of the Euro Area
by Andrea Gerali & Stefano Neri & Luca Sessa & Federico M. Signoretti - 143-178 Inflation Expectations and Risk Premiums in an Arbitrage‐Free Model of Nominal and Real Bond Yields
by Jens H. E. Christensen & Jose A. Lopez & Glenn D. Rudebusch - 179-198 International Transmission of U.S. Monetary Policy Shocks: Evidence from Stock Prices
by John Ammer & Clara Vega & Jon Wongswan - 199-215 Rethinking Macroeconomic Policy
by Olivier Blanchard & Giovanni Dell’Ariccia & Paolo Mauro - 217-219 Macroeconomics in the Wake of the Financial Crisis
by Mark Gertler - 221-228 The Impact of Liquidity, Securitization, and Banks on the Real Economy
by Eric S. Rosengren - 229-242 Monetary Policy and Financial Markets at the Effective Lower Bound
by Lars E.O. Svensson - 243-248 Closing Panel Presentation
by Janet L. Yellen
December 2010, Volume 42, Issue 8
- 1469-1494 Investment Adjustment Costs: An Empirical Assessment
by Charlotta Groth & Hashmat Khan - 1495-1521 Macroeconomic Implications of “Deep Habits” in Banking
by Roger Aliaga‐Díaz & María Pía Olivero - 1523-1542 On the International Dimension of Fiscal Policy
by Gianluca Benigno & Bianca De Paoli - 1543-1564 A Tale of Two Rigidities: Sticky Prices in a Sticky‐Information Environment
by Edward S. Knotek Ii - 1565-1587 Free Bank Failures: Risky Bonds versus Undiversified Portfolios
by Matthew Jaremski - 1589-1612 Do Markets Care about Central Bank Governor Changes? Evidence from Emerging Markets
by Christoph Moser & Axel Dreher - 1613-1640 An Unobserved Components Model of the Yield Curve
by Richard Startz & Kwok Ping Tsang - 1641-1662 Combining Judgment and Models
by Francesca Monti - 1663-1678 Sectoral Money Demand and the Great Disinflation in the United States
by Alessandro Calza & Andrea Zaghini - 1679-1688 Inflation Targeting Does Not Matter: Another Look at OECD Sacrifice Ratios
by Ricardo D. Brito - 1689-1702 Daytime Is Money
by Sébastien Kraenzlin & Thomas Nellen - 1703-1712 The Cost Channel Reconsidered: A Comment Using an Identification‐Robust Approach
by Vasco J. Gabriel & Luis F. Martins
October 2010, Volume 42, Issue 7
- 1199-1234 Restaurant Prices and the Minimum Wage
by Denis Fougère & Erwan Gautier & Hervé Le Bihan - 1235-1265 Monetary Shocks in a Model with Skill Loss
by Julen Esteban‐Pretel & Elisa Faraglia - 1267-1293 Moody's and S&P Ratings: Are They Equivalent? Conservative Ratings and Split Rated Bond Yields
by Miles Livingston & Jie (Diana) Wei & Lei Zhou - 1295-1320 Risk Shifting through Nonfinancial Contracts: Effects on Loan Spreads and Capital Structure of Project Finance Deals
by Francesco Corielli & Stefano Gatti & Alessandro Steffanoni - 1321-1349 Bank Branch Presence and Access to Credit in Low‐ to Moderate‐Income Neighborhoods
by Ozgur Emre Ergungor - 1351-1372 The Community Reinvestment Act and Targeted Mortgage Lending
by Drew Dahl & Douglas D. Evanoff & Michael F. Spivey - 1373-1390 The Debt‐Payment‐to‐Income Ratio as an Indicator of Borrowing Constraints: Evidence from Two Household Surveys
by Kathleen W. Johnson & Geng Li - 1391-1417 The High‐Frequency Response of the EUR‐USD Exchange Rate to ECB Communication
by Christian Conrad & Michael J. Lamla - 1419-1433 Time Variation in the Inflation Passthrough of Energy Prices
by Todd E. Clark & Stephen J. Terry - 1435-1446 The Role of Real Wage Rigidity and Labor Market Frictions for Inflation Persistence
by Kai Christoffel & Tobias Linzert - 1447-1467 Three‐Regime Asymmetric STAR Modeling and Exchange Rate Reversion
by Mario Cerrato & Hyunsok Kim & Ronald Macdonald
September 2010, Volume 42, Issue 6
- 985-1010 Infrastructure Finance and Industrial Takeoff in England
by Alex Trew - 1011-1036 The Demise of the Mutual Organizational Form: An Investigation of the Life Insurance Industry
by Otgontsetseg Erhemjamts & J. Tyler Leverty - 1037-1071 The Structure of Multiple Credit Relationships: Evidence from U.S. Firms
by Luigi Guiso & Raoul Minetti - 1073-1092 Capital Market Regimes and Bank Structure in Europe
by Ronald E. Shrieves & Drew Dahl & Michael F. Spivey - 1093-1107 Optimal Continuation versus the Timeless Perspective in Monetary Policy
by Christian Jensen & Bennett T. Mccallum - 1109-1135 Exchange Rate Crises and Fiscal Solvency
by Betty C. Daniel - 1137-1159 Oil Price Uncertainty
by John Elder & Apostolos Serletis - 1161-1172 Inflation Dynamics: The Role of Expectations
by Ricardo Nunes - 1173-1184 Money Supply and Capital Accumulation on the Transition Path Revisited
by Rubens Penha Cysne & David Turchick - 1185-1198 Are Financial Constraints Priced? Evidence from Firm Fundamentals and Stock Returns
by Murillo Campello & Long Chen
August 2010, Volume 42, Issue 5
- 769-798 Reconsidering the Relationship between Inflation and Relative Price Variability
by Chi‐Young Choi - 799-831 Imperfectly Credible Disinflation under Endogenous Time‐Dependent Pricing
by Marco Bonomo & Carlos Carvalho - 833-857 Monetary Policy and the Lost Decade: Lessons from Japan
by Daniel Leigh - 859-878 The Output Effect of a Transition to Price Stability When Velocity Is Time Varying
by Lynne Evans & Anamaria Nicolae - 879-906 Capital Constraints, Asymmetric Information, and Internal Capital Markets in Banking: New Evidence
by Dmytro Holod & Joe Peek - 907-929 Financial Contracting and the Choice between Private Placement and Publicly Offered Bonds
by Simon H. Kwan & Willard T. Carleton - 931-949 The Taylor Rule and “Opportunistic” Monetary Policy
by Helle Bunzel & Walter Enders - 951-957 A New Data Set on Monetary Policy: The Economic Forecasts of Individual Members of the FOMC
by David Romer - 959-964 Measuring a Dynamic Price Index Using Consumption Data
by Shuhei Aoki & Minoru Kitahara - 965-984 Institutions and Bank Behavior: Legal Environment, Legal Perception, and the Composition of Bank Lending
by Rainer Haselmann & Paul Wachtel
June 2010, Volume 42, Issue 4
- 521-550 Oil Currency and the Dollar Standard: A Simple Analytical Model of an International Trade Currency
by Michael B. Devereux & Kang Shi & Juanyi Xu - 551-583 The Federal Home Loan Bank System: The Lender of Next‐to‐Last Resort?
by Adam Ashcraft & Morten L. Bech & W. Scott Frame - 585-614 Depositor Behavior under Macroeconomic Risk: Evidence from Bank Runs in Emerging Economies
by Eduardo Levy‐Yeyati & María Soledad Martínez Pería & Sergio L. Schmukler - 615-645 Cross‐Border Bank M&As and Risk: Evidence from the Bond Market
by Sungho Choi & Bill B. Francis & Iftekhar Hasan - 647-677 A Political Agency Theory of Central Bank Independence
by Gauti B. Eggertsson & Eric Le Borgne - 679-713 The Empirics of International Monetary Transmission: Identification and the Impossible Trinity
by John C. Bluedorn & Christopher Bowdler - 715-742 Portfolio Inertia and Stock Market Fluctuations
by Yannis Bilias & Dimitris Georgarakos & Michael Haliassos - 743-754 The Importance of Adverse Selection in the Credit Card Market: Evidence from Randomized Trials of Credit Card Solicitations
by Sumit Agarwal & Souphala Chomsisengphet & Chunlin Liu - 755-767 Bank Debt versus Bond Debt: Evidence from Secondary Market Prices
by Edward I. Altman & Amar Gande & Anthony Saunders
March 2010, Volume 42, Issue 2‐3
- 203-235 Capitalizing on Partisan Politics? The Political Economy of Sector‐Specific Redistribution in Germany
by Michael M. Bechtel & Roland Füss - 237-265 From Drafts to Checks: The Evolution of Correspondent Banking Networks and the Formation of the Modern U.S. Payments System, 1850–1914
by John A. James & David F. Weiman - 267-287 Openness and Inflation
by Dudley Cooke - 289-323 Disinflation Shocks in the Eurozone: A DSGE Perspective
by Patrick Fève & Julien Matheron & Jean‐Guillaume Sahuc - 325-345 Inflation and Stock Prices: No Illusion
by Chao Wei - 347-371 Do Markets Care Who Chairs the Central Bank?
by Kenneth N. Kuttner & Adam S. Posen - 373-397 Central Bank Communication and the Liquidity Trap
by Stefano Eusepi - 399-420 The Determinants of Future U.S. Monetary Policy: High‐Frequency Evidence
by Nicholas Taylor - 421-441 Alternatives for Distressed Banks during the Great Depression
by Mark Carlson - 443-463 Debt Maturity Choice of Nonpublic Italian Firms
by Silvia Magri - 465-481 Identification‐Robust Minimum Distance Estimation of the New Keynesian Phillips Curve
by Leandro M. Magnusson & Sophocles Mavroeidis - 483-502 Monetary Misperceptions, Output, and Inflation Dynamics
by Fabrice Collard & Harris Dellas - 503-519 Seigniorage‐Maximizing Inflation under Sticky Prices
by Tatiana Damjanovic & Charles Nolan
February 2010, Volume 42, Issue 1
- 1-32 Monetary Policy Trade‐Offs with a Dominant Oil Producer
by Anton Nakov & Andrea Pescatori - 33-62 New Keynesian Macroeconomics and the Term Structure
by Geert Bekaert & Seonghoon Cho & Antonio Moreno - 63-92 Simple Monetary Rules under Fiscal Dominance
by Michael Kumhof & Ricardo Nunes & Irina Yakadina - 93-112 Time Patience and Specialization Patterns in the Presence of Asset Trade
by Yoshiyasu Ono & Akihisa Shibata - 113-134 Does Inflation Targeting Affect the Dispersion of Inflation Expectations?
by Carlos Capistrán & Manuel Ramos‐Francia - 135-150 Inflation Dynamics in the U.S.: Global but Not Local Mean Reversion
by Bob Nobay & Ivan Paya & David A. Peel - 151-170 Can We Explain Inflation Persistence in a Way that Is Consistent with the Microevidence on Nominal Rigidity?
by Huw Dixon & Engin Kara - 171-188 Macroeconomic Shocks and Banks' Foreign Assets
by Claudia M. Buch & Kai Carstensen & Andrea Schertler - 189-202 Does Wealth Imply Secularization and Longevity?
by Zsolt Becsi
February 2009, Volume 41, Issue s1
- 1-1 Editor's Introduction
by Kenneth D. West - 3-33 International Pricing in a Generalized Model of Ideal Variety
by David Hummels & Volodymyr Lugovskyy - 35-70 Pass‐Through of Exchange Rates and Competition between Floaters and Fixers
by Paul R. Bergin & Robert C. Feenstra - 71-100 The Transmission of International Shocks: A Factor‐Augmented VAR Approach
by Haroon Mumtaz & Paolo Surico - 101-120 The International Dimension of Inflation: Evidence from Disaggregated Consumer Price Data
by Tommaso Monacelli & Luca Sala - 121-149 Price Stability with Imperfect Financial Integration
by Pierpaolo Benigno