Volume 5, Issue 2

Modeling Bank Senior Unsecured Ratings: A Reasoned Structured Approach to Bank Credit Assessment

Spyros Pagratis and Marco Stringa

Explaining Monetary Policy in Press Conferences

Michael Ehrmann and Marcel Fratzscher

The Interest Rate Conditioning Assumption

Charles Goodhart

Futures Contract Rates as Monetary Policy Forecasts

Giuseppe Ferrero and Andrea Nobili

Firm-Specific Capital and Welfare

Tommy Sveen and Lutz Weinke

Instability and Nonlinearity in the Euro-Area Phillips Curve

Alberto Musso, Livio Stracca and Dick van Dijk