Volume 11, Issue 2

Sovereign risk, European crisis-resolution policies, and bond spreads

Juha Kilponen, Helinä Laakkonen and Jouko Vilmunen

The Federal Reserve's balance sheet and earnings: a primer and projections

Seth B Carpenter, Jane Ihrig, Elizabeth Klee, Daniel Quinn and Alexander Boote

Central banks' quasi-fiscal policies and inflation

Seok Gil Park

On the slope and the persistence of the Italian Phillips curve

Marianna Riggi and Sergio Santoro

Real-time model uncertainty in the United States: "robust" policies put to the test

Robert J. Tetlow

Explaining interest rate decisions when the MPC members believe in different stories

Carl Andreas Claussen and Øistein Røisland

Do publicly owned banks lend against the wind?

Thibaut Duprey

Inflation expectations and the news

Michael D. Bauer