Content
2024, Volume 126
- 2024:0126: The “doom loop” and default incentives
by Thaler, Dominik & Rojas, Luis E.
2024, Volume 125
- 2024:0125: The macroeconomic effects of liquidity supply during financial crises
by Porcellacchia, Davide & Sheedy, Kevin D.
2024, Volume 124
- 2024:0124: Banks lose – someone gains: Households’ unequal exposure to financial distress
by Mendicino, Caterina & Nord, Lukas & Peruffo, Marcel
2024, Volume 123
- 2024:0123: Heterogeneous effects of monetary tightening in response to energy price shocks
by Bobasu, Alina & Dobrew, Michael & Repele, Amalia
2024, Volume 122
- 2024:0122: Consumer demand for central bank digital currency as a means of payment
by Nocciola, Luca & Zamora-Pérez, Alejandro
2024, Volume 121
- 2024:0121: Different household – different inflation rate
by Kiss, Regina & Strasser, Georg
2024, Volume 120
- 2024:0120: A diverse investor base impacts the effectiveness of large-scale asset purchases
by Breckenfelder, Johannes & De Falco, Veronica
2024, Volume 119
- 2024:0119: Consumer risk-taking and stock market investment: Insights using the CES’s consumer finance module
by Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Kenny, Geoff
2024, Volume 118
- 2024:0118: Unlocking efficiency: optimal monetary policy when capital misallocation matters
by González, Beatriz & Nuño, Galo & Thaler, Dominik & Albrizio, Silvia
2024, Volume 117
- 2024:0117: Shocked to the core: a new model to understand euro area inflation
by Bańbura, Marta & Bobeica, Elena & Martínez Hernández, Catalina
2024, Volume 116
- 2024:0116: The unequal impact of the 2021-22 inflation surge on euro area households
by Pallotti, Filippo & Paz-Pardo, Gonzalo & Slacalek, Jiri & Tristani, Oreste & Violante, Giovanni L.
2024, Volume 115
- 2024:0115: Quantifying financial stability risks for monetary policy
by Chavleishvili, Sulkhan & Kremer, Manfred & Lund-Thomsen, Frederik
2023, Volume 114
- 2023:0114: Hawkish or dovish central bankers: do different flocks matter for fiscal shocks?
by Hack, Lukas & Istrefi, Klodiana & Meier, Matthias
2023, Volume 113
- 2023:0113: Reports of AI ending human labour may be greatly exaggerated
by Albanesi, Stefania & Da Silva, António Dias & Jimeno, Juan Francisco & Lamo, Ana & Wabitsch, Alena
2023, Volume 112
- 2023:0112: Forecasting euro area inflation with machine-learning models
by Lenza, Michele & Moutachaker, Inès & Paredes, Joan
2023, Volume 111
- 2023:0111: The outlook is mixed: the asymmetric effects of weather shocks on inflation
by Ciccarelli, Matteo & Kuik, Friderike & Martínez Hernández, Catalina
2023, Volume 110
- 2023:0110: Bonds at a premium: the impact of insurers on corporate bond issuers
by Kubitza, Christian
2023, Volume 109
- 2023:0109: Carbon trade-offs: how firms respond to emission controls
by Bustamante, Maria Cecilia & Zucchi, Francesca
2023, Volume 108
- 2023:0108: Navigating liquidity crises in non-banks: An assessment of central bank policies
by Breckenfelder, Johannes & Hoerova, Marie
2023, Volume 107
- 2023:0107: A new tool in the box: dividend restrictions as supervisory policy stimulus
by Dautović, Ernest & Gambacorta, Leonardo & Reghezza, Alessio
2023, Volume 106
- 2023:0106: One product, two prices: the border effect in retail prices
by Messner, Teresa & Rumler, Fabio & Strasser, Georg
2023, Volume 105
- 2023:0105: Understanding the impact of COVID-19 supply disruptions on exporters in global value chains
by Lebastard, Laura & Serafini, Roberta
2023, Volume 104
- 2023:0104: Recent changes in consumers’ medium-term inflation expectations – a detailed look
by Georgarakos, Dimitris & Kenny, Geoff & Meyer, Justus
2023, Volume 103
- 2023:0103: The safe asset potential of EU-issued bonds
by Bletzinger, Tilman & Greif, William & Schwaab, Bernd
2022, Volume 102
- 2022:0102: Model-based regulation: lending in times of Covid
by Fiordelisi, Franco & Fusi, Giulia & Maddaloni, Angela & Marqués-Ibáñez, David
2022, Volume 101
- 2022:0101: Financial stability and macroprudential regulation under diagnostic expectations
by Camous, Antoine & Van der Ghote, Alejandro
2022, Volume 100
- 2022:0100: Cold hard (digital) cash: the economics of central bank digital currency
by Ahnert, Toni & Assenmacher, Katrin & Hoffmann, Peter & Leonello, Agnese & Monnet, Cyril & Porcellacchia, Davide
2022, Volume 99
- 2022:0099: Green QE and carbon pricing: looking at potential tools to fight climate change
by Abiry, Raphael & Ferdinandusse, Marien & Ludwig, Alexander & Nerlich, Carolin
2022, Volume 98
- 2022:0098: Striking a bargain: narrative identification of wage bargaining shocks
by Budrys, Žymantas & Porqueddu, Mario & Sokol, Andrej
2022, Volume 97
- 2022:0097: Systemic risk and policy interventions: monetary and macroprudential policy
by Martin, Alberto & Mendicino, Caterina & Van der Ghote, Alejandro
2022, Volume 96
- 2022:0096: Europe's growing league of small corporate bond issuers: new players, different game dynamics
by Darmouni, Olivier & Papoutsi, Melina
2022, Volume 95
- 2022:0095: Tax thy neighbour: local corporate taxes and consumer prices across German regions
by Dedola, Luca & Osbat, Chiara & Reinelt, Timo
2022, Volume 94
- 2022:0094: Household spending and fiscal support during the pandemic – the role of public perceptions
by Georgarakos, Dimitris & Kenny, Geoff
2022, Volume 93
- 2022:0093: Monetary policy communication – past ECB policymakers commend Bank’s progress and call for more
by Ehrmann, Michael & Holton, Sarah & Kedan, Danielle & Phelan, Gillian
2022, Volume 92
- 2022:0092: Monetary and macroprudential policies: trade-offs and interactions
by Laeven, Luc & Maddaloni, Angela & Mendicino, Caterina
2022, Volume 91
- 2022:0091: Younger generations and the lost dream of home ownership
by Paz-Pardo, Gonzalo
2021, Volume 115
- 2021:0115: Quantifying financial stability risks for monetary policy
by Chavleishvili, Sulkhan & Kremer, Manfred & Lund-Thomsen, Frederik
2021, Volume 90
- 2021:0090: Benefits of macroprudential policy in low interest rate environments
by Van der Ghote, Alejandro
2021, Volume 89
- 2021:0089: Bank leverage constraints and bond market illiquidity during the COVID-19 crisis
by Breckenfelder, Johannes & Ivashina, Victoria
2021, Volume 88
- 2021:0088: Low rates and bank stability: the risk of a tipping point
by Porcellacchia, Davide
2021, Volume 87.3
- 2021:87.3: Avoiding a financial epidemic – The role of macroprudential policies
by Ampudia, Miguel & Lo Duca, Marco & Farkas, Mátyás & Perez-Quiros, Gabriel & Pirovano, Mara & Rünstler, Gerhard & Tereanu, Eugen
2021, Volume 87.2
- 2021:87.2: Side effects of monetary easing in a low interest rate environment: reversal and risk-taking
by Heider, Florian & Leonello, Agnese
2021, Volume 87.1
- 2021:87.1: A novel risk management perspective for macroprudential policy
by Chavleishvili, Sulkhan & Fahr, Stephan & Kremer, Manfred & Manganelli, Simone & Schwaab, Bernd
2021, Volume 86
- 2021:0086: A time-varying carbon tax to protect the environment while safeguarding the economy
by Jaccard, Ivan
2021, Volume 85
- 2021:0085: Avoiding a self-fulfilling low-inflation trap
by Schmidt, Sebastian
2021, Volume 84
- 2021:0084: How has the COVID-19 crisis affected different households’ consumption in the euro area?
by Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Kenny, Geoff
2021, Volume 83
- 2021:0083: Making waves – Fed spillovers are stronger and more encompassing than the ECB’s
by Ca' Zorzi, Michele & Dedola, Luca & Georgiadis, Georgios & Jarociński, Marek & Stracca, Livio & Strasser, Georg
2021, Volume 82
- 2021:0082: Euro area money markets over the past 15 years: changes, driving factors and implications for monetary policy
by Corradin, Stefano & Hoerova, Marie & Schepens, Glenn
2021, Volume 81
- 2021:0081: Nothing compares to your loan officer – continuity of relationships and loan renegotiation
by Papoutsi, Melina
2021, Volume 80
- 2021:0080: How much capital should banks hold?
by Mendicino, Caterina & Nikolov, Kalin & Ramirez, Juan-Rubio & Suarez, Javier & Supera, Dominik
2021, Volume 79
- 2021:0079: Can consumers’ inflation expectations help stabilise the economy?
by Kenny, Geoff & Duca, Ioana
2020, Volume 78
- 2020:0078: How does competition among high-frequency traders affect market liquidity?
by Breckenfelder, Johannes
2020, Volume 77
- 2020:0077: How does monetary policy affect investment in the euro area?
by Durante, Elena & Ferrando, Annalisa & Vermeulen, Philip
2020, Volume 76
- 2020:0076: Does a big bazooka matter? Quantitative easing policies and exchange rates
by Dedola, Luca & Georgiadis, Georgios & Gräb, Johannes & Mehl, Arnaud
2020, Volume 75
- 2020:0075: How has the U.S. coronavirus aid package affected household spending?
by Carroll, Christopher D. & Crawley, Edmund & Slacalek, Jiri & White, Matthew N.
2020, Volume 74
- 2020:0074: Why has inflation in the United States been so stable since the 1990s?
by Del Negro, Marco & Lenza, Michele & Primiceri, Giorgio & Tambalotti, Andrea
2020, Volume 73
- 2020:0073: How do financial markets react to monetary policy signals?
by Altavilla, Carlo & Motto, Roberto
2020, Volume 72
- 2020:0072: Global Weakness Index – reading the economy’s vital signs during the COVID-19 crisis
by Pérez Quirós, Gabriel
2020, Volume 71
- 2020:0071: COVID-19 and non-performing loans: lessons from past crises
by Ratnovski, Lev
2020, Volume 70
- 2020:0070: Do banks invest in riskier securities in response to negative central bank interest rates?
by Bubeck, Johannes & Maddaloni, Angela & Peydró, José-Luis
2020, Volume 69
- 2020:0069: The growth of non-bank finance and new monetary policy tools
by d'Avernas, Adrien & Vandeweyer, Quentin & Darracq Pariès, Matthieu
2020, Volume 68
- 2020:0068: How costly are pension reform reversals?
by Nerlich, Carolin
2020, Volume 67
- 2020:0067: Public spending at the effective lower bound: how significant are the sustainability risks?
by Battistini, Niccolò & Callegari, Giovanni
2020, Volume 66
- 2020:0066: How ECB purchases of corporate bonds helped reduce firms’ borrowing costs
by Zaghini, Andrea
2019, Volume 65
- 2019:0065: How does sluggish updating of information affect consumer spending?
by Slacalek, Jiri
2019, Volume 64
- 2019:0064: Finance and decarbonisation: why equity markets do it better
by De Haas, Ralph & Popov, Alexander
2019, Volume 63
- 2019:0063: The gender promotion gap: what holds back female economists from making a career in central banking?
by Lamo, Ana & Laeven, Luc
2019, Volume 62
- 2019:0062: Unconventional monetary policy operations – to what extent is there an upside for central bank balance sheet risks?
by Schwaab, Bernd & Caballero, Diego
2019, Volume 61
- 2019:0061: How to signal the future path of interest rates? The international evidence on forward guidance
by Ehrmann, Michael & Gaballo, Gaetano & Hoffmann, Peter & Strasser, Georg
2019, Volume 60
- 2019:0060: Do low interest rates hurt banks’ equity values?
by Ampudia, Miguel
2019, Volume 59
- 2019:0059: Price and Wage Setting when Accurate Decisions Are Costly: Implications for Monetary Policy Transmission
by Costain, James & Nakov, Anton
2019, Volume 58
- 2019:0058: Prudential regulation, national differences and banking stability
by Maddaloni, Angela & Scopelliti, Alessandro
2019, Volume 57
- 2019:0057: What is the macroeconomic impact of changing money market conditions?
by De Fiore, Fiorella & Hoerova, Marie & Uhlig, Harald
2019, Volume 56
- 2019:0056: Interactions between monetary and macroprudential policies
by Van der Ghote, Alejandro
2019, Volume 55
- 2019:0055: Interest rate risk in the euro area
by Hoffmann, Peter
2019, Volume 54
- 2019:0054: Quantitative easing did not increase inequality in the euro area
by Slacalek, Jiri & Lenza, Michele
2018, Volume 53
- 2018:0053: How is a firm’s credit risk affected by sovereign risk?
by Breckenfelder, Johannes
2018, Volume 52
- 2018:0052: After the credit squeeze: how labour market flexibility can strengthen firm growth and employment
by Laeven, Luc & McAdam, Peter & Popov, Alexander
2018, Volume 51
- 2018:0051: Common factors of commodity prices
by Delle Chiaie, Simona & Ferrara, Laurent & Giannone, Domenico
2018, Volume 50
- 2018:0050: The macroeconomic impact of news about policy and news about the economy in ECB announcements
by Jarociński, Marek & Karadi, Peter
2018, Volume 49
- 2018:0049: What did forecasters learn during the European sovereign debt crisis about the impact of fiscal policies on economic growth?
by Gόrnicka, Lucyna & Kamps, Christophe & Koester, Gerrit & Leiner-Killinger, Nadine
2018, Volume 48
- 2018:0048: Fiscal transfers without moral hazard?
by Beetsma, Roel & Cima, Simone & Cimadomo, Jacopo
2018, Volume 47
- 2018:0047: Designing QE in a fiscally sound monetary union
by Bletzinger, Tilman & von Thadden, Leopold
2018, Volume 46
- 2018:0046: Price convergence in the EU: What can we learn from the car market?
by Strasser, Georg
2018, Volume 45
- 2018:0045: The effective lower bound and the desirability of gradual interest rate adjustments
by Schmidt, Sebastian
2018, Volume 44
- 2018:0044: Do consumers respond symmetrically to positive and negative income shocks?
by Georgarakos, Dimitris
2018, Volume 43
- 2018:0043: Bank lending under negative policy rates
by Schepens, Glenn
2018, Volume 42
- 2018:0042: Sub-sovereign bonds in banks’ portfolios: A role for political connections?
by Popov, Alexander
2017, Volume 41
- 2017:0041: Collateral, central clearing counterparties and regulation
by Heider, Florian
2017, Volume 40
- 2017:0040: Bank business models at negative interest rates
by Schwaab, Bernd
2017, Volume 39
- 2017:0039: What will monetary policy look like after the crisis?
by Blinder, Alan S. & Ehrmann, Michael & de Haan, Jakob & Jansen, David-Jan
2017, Volume 38
- 2017:0038: Did recent reforms facilitate EU labour market adjustment?
by Lamo, Ana
2017, Volume 37
- 2017:0037: What determines the impact of macroeconomic news on asset markets?
by Strasser, Georg
2017, Volume 36
- 2017:0036: Monetary-fiscal interactions and the euro area’s vulnerability
by Jarociński, Marek & Maćkowiak, Bartosz
2017, Volume 35
- 2017:0035: Government guarantees and the bank-sovereign nexus
by Leonello, Agnese
2017, Volume 34
- 2017:0034: The hazards of vague communication
by Gaballo, Gaetano
2017, Volume 33
- 2017:0033: The ECB’s announcements of non-standard measures and longer-term inflation expectations
by Karadi, Peter
2017, Volume 32
- 2017:0032: Securitisation, credit risk and lending standards revisited
by Marqués-Ibáñez, David
2017, Volume 31
- 2017:0031: Is collateral eligibility priced?
by Corradin, Stefano
2017, Volume 30
- 2017:0030: Missing disinflation and missing inflation
by Bobeica, Elena & Jarociński, Marek
2016, Volume 29
- 2016:0029: The effective lower bound: some implications for inflation dynamics beyond the current low interest rate environment
by Schmidt, Sebastian
2016, Volume 28
- 2016:0028: The recovery of investment in the euro area in the aftermath of the great recession: how does it compare historically?
by Vermeulen, Philip
2016, Volume 27
- 2016:0027: Does the tax advantage of debt impact financial stability?
by Schepens, Glenn
2016, Volume 26
- 2016:0026: How distinct are financial cycles from business cycles?
by Rünstler, Gerhard
2016, Volume 25
- 2016:0025: The role of the ECB’s asset purchases in preventing a potential de-anchoring of longer-term inflation expectations
by Coenen, Günter & Schmidt, Sebastian
2016, Volume 24
- 2016:0024: How large is the output gap in the euro area
by Jarociński, Marek & Lenza, Michele
2015, Volume 23
- 1-8 Inflation and unemployment in Europe – insights from the ECB’s 2015 Sintra Forum
by Vítor Constâncio & Philipp Hartmann & Oreste Tristani - 9-14 The heterogeneous interpretation of forward guidance
by Philippe Andrade - 15-18 Shall we trust governments' fiscal plans?
by Joan Paredes
2015, Volume 22
- 1-11 Financial instability in macroeconomics: a set of new structural models
by Frédéric Boissay & Philipp Hartmann & Kalin Nikolov - 12-16 The financial and macroeconomic effects of OMT announcements
by Michele Lenza - 17-20 The impact of financial transaction taxes: new evidence
by Jean-Edouard Colliard & Peter Hoffmann
2014, Volume 21
- 2-7 Assessing competitiveness: initial results from the new compnet micro-based database
by Paloma Lopez-Garcia & Filippo di Mauro - 8-11 Dealing with a liquidity trap when government debt matters
by Sebastian Schmidt - 12-15 House prices and expectations
by Caterina Mendicino
2014, Volume 20
- 2-4 The sovereign-bank nexus
by Kalin Nikolov & Alexander Popov - 5-8 Choosing variables in macroeconomic modelling
by Marek Jarociński & Bartosz Maćkowiak - 9-12 External and macroeconomic adjustment in Spain and Germany
by Elena Angelini & Michele Ca' Zorzi
2013, Volume 19
- 2-9 Introducing Systemic Financial instability into macroeconomics: how to meet the challenge?
by Philipp Hartmann & Kirstin Hubrich & Manfred Kremer - 10-12 Wealth heterogeneity and the response of consumption to shocks
by Jiri Slacalek - 13-17 The euro system household finance and consumption survey: an important resource for policy-makers and researchers
by Dimitris Christelis & Sébastien Pérez-Duarte
2013, Volume 18
- 2-8 Heterogeneous transmission mechanism and the credit channel in the euro area
by Matteo Ciccarelli & Angela Maddaloni - 9-11 Firms’ adjustment during times of crisis
by Ana Lamo - 12-15 Macroeconomic effects of large-scale asset purchase programs
by Mark Gertler & Peter Karadi
2012, Volume 17
- 2-5 The impact of the Securities Markets Programme
by Simone Manganelli - 6-11 Conditional probabilities and contagion measures for euro area sovereign default risk
by Bernd Schwaab - 12-14 Bank dependence and investment during the financial crisis
by Philip Vermeulen
2012, Volume 16
- 2-6 Does regulation at home affect bank risk-taking abroad?
by Alexander Popov - 7-9 Cyclical precautionary saving and monetary policy
by Bianca De Paoli & Pawel Zabczyk - 10-12 What drives the US personal saving rate? The role of wealth, credit and uncertainty
by Jiri Slacalek
2012, Volume 15
- 2-6 Bubbles, banks and financial stability
by Kalin Nikolov - 7-11 Monetary policy analysis and data revisions – vintage combination from a real-time dataset
by Matteo Ciccarelli - 12-14 Credit risk and the zero lower bound on interest rates
by Fiorella De Fiore & Oreste Tristani
2011, Volume 14
- 2-4 The euro area sovereign crisis: monitoring spillovers and contagion
by Giovanni Amisano & Oreste Tristani - 5-10 Financial frictions, financial integration and the international propagation of shocks
by Giovanni Lombardo & Luca Dedola - 11-13 Revisiting the information content of core inflation
by Michele Lenza
2011, Volume 13
- 2-7 Managing exchange rate misalignment and current account imbalances
by Luca Dedola - 8-12 Technology, hours and factor substitution
by Peter McAdam
2011, Volume 12
- 2-6 New methodologies for systemic risk measurement
by Stefano Corradin & Simone Manganelli & Bernd Schwaab - 7-11 What can the diamond-mortensen-pissarides model tell us about the conduct of monetary policy in the euro area?
by Kai Christoffel - 12-15 Rational inattention
by Bartosz Maćkowiak
2010, Volume 11
- 2-6 Enhancing monetary analysis
by Gianni Amisano & Andreas Beyer & Michele Lenza - 7-8 “Return-free risk”? Market pricing in credit risk markets
by Martin Scheicher - 9-12 Macroeconomic forecasting: can forecast combination help?
by Geoff Kenny
2010, Volume 10
- 2-5 Wage dynamics in Europe: some new findings
by Ana Lamo & Frank Smets - 6-10 When does fiscal stimulus work?
by Günter Coenen & Juha Kilponen & Mathias Trabandt - 11-13 Risk, uncertainty and monetary policy
by Geert Bekaert & Marie Hoerova
2010, Volume 9
- 2-5 The forgotten markets: How understanding money markets helps us to understand the financial crisis
by Cornelia Holthausen & Huw Pill - 6-9 Bank lending standards and the origins and implications of the current banking crisis
by Angela Maddaloni & José-Luis Peydró - 10-12 Financial conditions and monetary policy
by Fiorella De Fiore & Oreste Tristani - 13-16 Incorporating financial frictions into new-generation macro models
by Giovanni Lombardo & Peter McAdam
2009, Volume 8
- 2-4 Banks, credit and the transmission mechanism of monetary policy
by David Marqués Ibañez - 5-7 Business cycles in the euro area
by Domenico Giannone & Michele Lenza - 7-9 Global liquidity as an early warning indicator for asset price boom/bust cycles
by Lucia Alessi & Carsten Detken
2008, Volume 7
- 2-5 A research perspective on the propagation of the credit market turmoil
by Nuno Cassola & Mathias Drehmann & Philipp Hartmann & Marco Lo Duca & Martin Scheicher - 5-7 Financial innovation and the effect of housing wealth on consumption
by Jirka Slacalek - 7-9 Regional inflation dynamics within and across euro area countries and a comparison with the United States
by Kirstin Hubrich
2007, Volume 6
- 2-5 Explaining financial market puzzles with learning
by Klaus Adam - 5-7 Financial integration and capital flows in the new EU Member States
by Lorenzo Cappiello & Simone Manganelli - 7-9 Productivity growth in the euro area
by Peter McAdam & Alpo Willman
2006, Volume 5
- 2-5 Central bank communication
by Michael Ehrmann - 6-8 A real-time database for the euro area
by Matteo Ciccarelli & Günter Coenen & Jérôme Henry - 8-10 Implementing monetary policy using a corridor system
by Aleksander Berentsen
2006, Volume 4
- 2-5 How do VAT changes affect the economy? An illustration using the new area-wide model
by Günter Coenen & Peter McAdam - 5-7 Global imbalances and "excess liquidity": is there a link?
by Luca Dedola - 7-10 Cross-border banking and competition policy
by Elena Carletti & Philipp Hartmann & Steven Ongena
2005, Volume 3
- 2-5 Economic determinants of risk premia in the term structure of interest rates
by Peter Hördahl & Oreste Tristani & David Vestin - 6-7 Is inflation a global phenomenon?
by Matteo Ciccarelli & Benoit Mojon - 8-9 The impact of higher wages on output and inflation
by Kai Christoffel & Julian Morgan
2005, Volume 2
- 2-5 Monetary policy and imperfect knowledge
by Frank Smets - 6-7 The central banker as a risk manager
by Frank Smets - 8-9 Securities settlement and dinancial integration: Why do we care?
by Cornelia Holthausen & Cyril Monnet
2004, Volume 1
- 2-5 Financial Contagion: Myth or Reality?
by Reint Gropp & Philipp Hartmann - 6-7 Monetary Policy in a Low Inflation Environment
by Klaus Adam - 8-9 Policy Changes: Macroeconomics and Identfication
by Andreas Beyer