Volume 12, Issue 3

Options-implied probability density functions for real interest rates

Jonathan H. Wright

The effect of unconventional monetary policy on inflation expectations: evidence from firms in the United Kingdom

Lena Boneva, James Cloyne, Martin Weale and Tomasz Wieladek

Long-run inflation uncertainty

Stefan Nagel

Policy spillovers and synergies in a monetary union

Óscar Arce, Samuel Hurtado and Carlos Thomas

Financial intermediation in a global environment

Victoria Nuguer

Rule-of-thumb consumers and labor tax cut policy at the zero lower bound

Lorant Kaszab

Dynamic stochastic general equilibrium models and their discontents

Tamim Bayoumi

Opening Remarks

Manuel Ramos-Francia

The financial and macroeconomic effects of the OMT announcements

Carlo Altavilla, Domenico Giannone and Michele Lenza

Beggar-thy-neighbor? The international effects of ECB unconventional monetary policy measures

Kristina Bluwstein and Fabio Canova