June 2014 issue contents

2014 June

Cover and contents

Introduction

Opening remarks
  by Marek Belka

Risks to Price Stability, the Zero Lower Bound, and Forward Guidance: A Real-Time Assessment
  by G├╝nter Coenen and Anders Warne
Discussion
  by Ragna Alstadheim

Fiscal Policy and the Inflation Target
  by Peter Tulip
Discussion
  by Johannes F. Wieland

Inflation Targeting and "Leaning against the Wind"
  by Lars E.O. Svensson

The Risk Channel of Monetary Policy
  by Oliver de Groot
Discussion
  by Javier Bianchi

Monetary and Macroprudential Policy in an Estimated DSGE Model of the Euro Area
  by Dominic Quint and Pau Rabanal
Discussion
  by Olivier Loisel

Financial Frictions and Macroprudential Policy
  by Michal Brzoza-Brzezina

Financial Stability and Monetary Policy: How Closely Interlinked?
  by Frank Smets

Do Inflation-Targeting Central Banks Implicitly Target the Price Level?
  by Francisco Ruge-Murcia
Discussion
  by Guido Ascari

Are Long-Term Inflation Expectations Well Anchored in Brazil, Chile, and Mexico?
  by Michiel De Pooter, Patrice Robataille, Ian Walker, and Michael Zdinak
Discussion
  by Refet S. G├╝rkaynak

Establishing and Maintaining a Firm Nominal Anchor
  by Andrew Levin