Volume 18, Issue 5

Deciphering the Macroeconomic Effects of Internal Devaluations in a Monetary Union

Javier Andrés, Óscar Arce, Jesús Fernández-Villaverde and Samuel Hurtadod

Behind the Scenes of the Beauty Contest - Window Dressing and the G-SIB Framework

Markus Behn, Giacomo Mangiante, Laura Parisi and Michael Wedow

Financial Stability Committees and the Basel III Countercyclical Capital Buffer

Rochelle M. Edge and J. Nellie Liang

The Impact of Capital Requirements on the Macroeconomy: Lessons from Four Macroeconomic Models of the Euro Area

Matthieu Darracq Pariès, Peter Karadi, Christoffer Kok and Kalin Nikolov

The Immediate Impact and Persistent Effect of FX Purchases on the Exchange Rate

Itamar Caspi, Amit Friedman and Sigal Ribon

The Link between Monetary Policy, Stock Prices, and House Prices - Evidence from a Statistical Indentification Approach

Helmut Herwartz, Simone Maxand and Hannes Rohloff

Deleverage and Defaults in the United Kingdom

Mario Lupoli

Sovereign Debt Holding and Bank Sensivity toward Market Risk: An Alternative View of the Bank-Sovereign Problem

Aneta Hryckiewicz, Petra Pawlowski, Piotr Michal Mazur and Marcin Borsuk