Macroprudential Policy and Aggregate Demand
André Teixeira and Zoë Venter
Unanticipated and Backward-Looking: Deflations and the Behavior of Inflation Expectations
Ryan Banerjee and Aaron Mehrotra
Central Clearing and Systemic Liquidity Risk
Thomas B. King, Travis D. Nesmith, Anna Paulson and Todd Prono
Government Assistance and Banks' Funding Cost
Md Jahir Uddin Palas and Fernando Moreira
Rise of the Central Bank Digital Currencies
Raphael Auer, Giulio Cornelli and Jon Frost
Why Are Inflation Forecasts Sticky? Theory and Application to France and Germany
Frédérique Bec, Raouf Boucekkine and Caroline Jardet
Countering Appreciation Pressure with Unconventional Monetary Policy: The Role of Financial Frictions
Nicole Aregger and Jessica Leutert
Funding Behavior of Debt Management Offices and the ECB's Public Sector Purchase Program
Katharina Plessen-Mátyás, Christoph Kaufmann and Julian von Landesberger
Optimal Central Bank Forward Guidance
Eunmi Ko
An Interpretable Machine Learning Workflow with an Application to Economic Forecasting
Marcus Buckmann and Andreas Joseph
Demographic Shifts, Macroprudential Policies, and House Prices
Jieun Lee and Hosung Jung
Global and Domestic Financial Cycles: Variations on a Theme
Iñaki Aldasoro, Stefan Avdjiev, Claudio Borio and Piti Disyatat
Franchise Value Matters: The Drivers of Bank Risk-Taking in the Post-Basel III Era
Takuji Kawamoto, Taichi Matsuda, Koji Takahashi and Yoichiro Tamanyu
Do Macroprudential Policies Affect Non-bank Financial Intermediation?
Stijn Claessens, Giulio Cornelli, Leonardo Gambacorta, Francesco Manaresi and Yasushi Shiina
Credit Booms, Labor Reallocation, and Productivity Growth
Enisse Kharroubi, Christian Upper, Fabrizio Zampolli and Claudio Borio
Toward a Green Economy: The Role of the Central Bank's Asset Purchases
Alessandro Ferrari and Valerio Nispi Landi
Operational and Cyber Risks in the Financial Sector
Iñaki Aldasoro, Leonardo Gambacorta, Paolo Giudici and Thomas Leach
Yield Curve Control
Takahiro Hattori and Jiro Yoshida
Assessing the Effectiveness of Currency-Differentiated Tools: The Case of Reserve Requirements
Annamaria De Crescenzio, Etienne Lepers and Zoe Fannon