Volume 16, Issue 2

Relaxed Lending Standards and the 2007 Mortgage Crisis: Changes in Household Debt and Borrowing Behaviors

Seda Durguner

Bank Capital: A Seawall Approach

Jihad Dagher, Giovanni Dell'Ariccia, Luc Laeven, Lev Ratnovski and Hui Tong

Stress Tests of the Household Sector Using Microdata from Survey and Administrative Sources

Jaanika Meriküll and Tairi Rõõm

Does Central Bank Transparency and Communication Affect Financial and Macroeconomic Forecasts?

Thomas Lustenberger and Enzo Rossi

Output Gaps and Robust Monetary Policy Rules

Roberto M. Billi

The Continuing Validity of Monetary Policy Autonomy under Floating Exchange Rates

Edward Nelson

Monetary Policy, Commodity Prices, and Misdiagnosis Risk

Andrew J Filardo, Marco J. Lombardi, Carlos Montoro and Massimo Minesso Ferrari

Oil Prices and Consumption across Countries and U.S. States

Andrea De Michelis, Thiago Ferreira and Matteo Iacoviello