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March 2013 issue
 
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The International Journal of Central Banking (IJCB) is an initiative of the central banking community.

Published quarterly, the journal features articles on central bank theory and practice, with a special emphasis on research ... See full Statement of Purpose
 
 
Newsflash (last update 20 May 2013)

"Inflation Targeting and Its Discontents", Annual IJCB Research Conference hosted by the National Bank of Poland, 6-7 September 2013.
Call for papers

16th Annual Research Conference on "The Impact of Credit on the Dynamics of SMEs", hosted by the De Nederlandsche Bank, 17-18 October 2013.
Call for papers

2013 Central Bank Macroeconomic Modeling Workshop on "Understanding the Mechanisms and Effects of New Policy Instruments", hosted by Central Bank of the Republic of Turkey, The Marmara Hotel Istanbul, Turkey, 7-8 November 2013.
Call for papers

 
 
Editorial board

Managing Editor
John C. Williams
Federal Reserve Bank of San Francisco

Co-editors
Pierpaolo Benigno
LUISS Guido Carli

Mick Devereux
University of British Columbia

Harrison Hong
Princeton University

Loretta Mester
Federal Reserve Bank of Philadelphia

Rafael Repullo
CEMFI, Madrid

Stephanie Schmitt-Grohe
Columbia University


Print ISSN: 1815-4654 Frequency: Four times a year
Current Volume: 9, Number 1

March 2013 issue contents

Cover and contents

Introduction

Term Structure Modeling with Supply Factors and the Federal Reserve's Large-Scale Asset Purchase Programs
  by Canlin Li and Min Wei
Discussion
  by Mark Loewenstein

The Impact of Policy Initiatives on Credit Spreads during the 2007-09 Financial Crisis
  by Alan M. Rai
Discussion
  by Jialin Yu

A European History Lesson for Today's Central Bankers
  by Hanno Lustig

Monetary Policy, Macroprudential Policy, and Banking Stability: Evidence from the Euro Area
  by Angela Maddaloni and José-Luis Peydró
Discussion
  by Egon Zakrajšek

Banks' Equity Capital Frictions, Capital Ratios, and Interest Rates: Evidence from Spanish Banks
  by Alfredo Martín-Oliver, Sonia Ruano, and Vicente Salas-Fumás
Discussion
  by Gianni De Nicolò

Capital Flows and Financial Stability: Monetary Policy and Macroprudential Responses
  by D. Filiz Unsal

Commentary on Macroprudential Policies
  by Gianluca Benigno

Closing Comments: Hong Kong's Approach to Financial Stability
  by Dong He