Volume 10, Issue 3

Asset Illiquidity and Dynamic Bank Capital Requirements

Hajime Tomura

The Signaling Channel for Federal Reserve Bond Purchases

Michael D. Bauer and Glenn D. Rudebusch

When Capital Adequacy and Interest Rate Policy Are Substitutes (And When They Are Not)

Stephen G. Cecchetti and Marion Kohler

Wealth and Consumption: French Households in the Crisis

Luc Arrondel, Frédérique Savignac and Kévin Tracol

Asset Class Diversification and Delegation of Responsibilities between a Central Bank and Sovereign Wealth Fund

Joshua Aizenman and Reuven Glick

On the Hook for Impaired Bank Lending: Do Sovereign-Bank Interlinkages Affect the Net Cost of a Fiscal Stimulus?

Robert Kelly and Kieran McQuinn

Optimal Monetary Policy with State-Dependent Pricing

Anton Nakov and Carlos Thomas

Inflation Risk Premia in the Euro Area and the United States

Peter Hördahl and Oreste Tristani