Volume 20, Issue 4

A Medium-Scale DSGE Model for the Integrated Policy Framework

Tobias Adrian, Vitor Gaspar and Francis Vitek

Disinflations and Income Distribution

Laura Acevedo and Marc Hofstetter

Financial Stability Governance and Central Bank Communications

Juan M Londono, Stijn Claessens and Ricardo Correa

The Economics of Central Bank Digital Currency

Toni Ahnert, Katrin Assenmacher, Peter Hoffmann, Agnese Leonello, Cyril Monnet and Davide Porcellacchia

Real-Time Forecasting with a (Standard) Mixed-Frequency VAR During a Pandemic

Frank Schorfheide and Dongho Song

Government Debt and Expectations-Driven Liquidity Traps

Charles de Beauffort

Sterilized Interventions May Not Be So Sterilized

Shalva Mkhatrishvili, Giorgi Tsutskiridze and Lasha Arevadze

Still “Too Much, Too Late”: Provisioning for Expected Loan Losses

Roman Goncharenko and Asad Rauf