Volume 4, Issue 3

The Expected Interest Rate Path: Alignment of Expectations vs. Creative Opacity

Pierre Gosselin, Aileen Lotz and Charles Wyplosz

The role of the Chairman in Setting Monetary Policy: Individualistic vs. Autocratically Collegial MPCs

Petra Gerlach-Kristen

Incomplete Interest Rate Pass-Through and Optimal Monetary Policy

Teruyoshi Kobayashi

Inflation Thresholds and Relative Price Variability: Evidence from U.S. Cities

Alexander Bick and Dieter Nautz

Capital Requirements and Bank Behavior in the Early 1990s: Cross-Country Evidence

Patrick Van Roy

Monetary Policy in a Monetary Union: What Role for Regional Information?

Paolo Angelini, Paolo Del Giovane, Stefano Siviero and Daniele Terlizzese