Volume 17, Issue 1

Modeling the Consumption Response to the CARES Act

Christopher D. Carroll, Edmund Crawley, Jiri Slacalek and Matthew N. White

The First Line of Defense: The Discount Window during the Early Stages of the Financial Crisis

Elizabeth Klee

International Inflation Spillovers: The Role of Different Shocks

Gregor Bäurle, Matthias Gubler and Diego R. Känzig

Always Look on the Bright Side? Central Counterparties and Interbank Markets during the Financial Crisis

Massimiliano Affinito and Matteo Piazza

Pension Funds' Herding

Dirk W.G.A. Broeders, Damiaan H.J. Chen, Peter A. Minderhoud and C.J. Willem Schudel

Alternative Models of Interest Rate Pass-Through in Normal and Negative Territory

Mauricio Ulate

The Rise of Fintech Lending to Small Businesses: Businesses' Perspectives on Borrowing

Brett Barkley and Mark Schweitzer

Monetary Policy with Negative Interest Rates: De-linking Cash from Digital Money

Katrin Assenmacher and Signe Krogstrup