Volume 18, Issue 1

Optimal Credit, Monetary, and Fiscal Policy under Occasional Financial Frictions and the Zero Lower Bound

Shifu Jiang

The Role of Expectations in Changed Inflation Dynamics

Damjan Pfajfar and John M. Roberts

Exchange Rate Shocks and Inflation Co-movement in the Euro Area

Danilo Leiva-Leon, Jaime Martinez-Martin and Eva Ortega

Applying Lessons from the Past? Exploring Historical Analogies in ECB Speeches through Text Mining, 1997–2019

Anselm Küsters

Introduction

Trends in Monetary Policy Transparency: Further Updates

Nergiz Dincer, Barry Eichengreen and Petra Geraats

Does Policy Communication during COVID Work?

Olivier Coibion, Yuriy Gorodnichenko and Michael Weber

Monetary Policy and COVID-19

Michal Brzoza-Brzezina, Marcin Kolasa and Krzysztof Makarski

Central Bank Independence and Systemic Risk

Alin Marius Andries, Anca Maria Podpiera and Nicu Sprincean