2025 - Volume 57, Issue 2-3

Moral Constraints, Social Norm Enforcement, and Strategic Default in Weak and Strong Economic Conditions

MARTIN BROWN,  JAN SCHMITZ,  CHRISTIAN ZEHNDER


The Matching Function and Nonlinear Business Cycles

JOSHUA BERNSTEIN,  ALEXANDER W. RICHTER,  NATHANIEL A. THROCKMORTON


The Role of Macro-Economic Policy in Explaining China's Current Account Surplus

NALINI PRASAD


Measuring Monetary Policy Shocks in Emerging Economies: Evidence from India

AEIMIT LAKDAWALA,  RAJESWARI SENGUPTA


Social Learning and Monetary Policy at the Effective Lower Bound

JASMINA ARIFOVIC,  ALEX GRIMAUD,  ISABELLE SALLE,  GAUTHIER VERMANDEL


Money and Credit Coexistence, Excess Capacity, and the Size of Monetary Aggregates

ALESSANDRO MENNUNI


The Rationality Bias

TIM HAGENHOFF,  JOEP LUSTENHOUWER,  MIKE TSIONAS


The Effects of Fiscal Policy When Planning Horizons are Finite

JOEP LUSTENHOUWER,  KOSTAS MAVROMATIS


Owner-Occupied Housing, Inflation, and Monetary Policy

ROBERT J. HILL,  MIRIAM STEURER,  SOFIE R. WALTL


Housing Boom-Bust Cycles and Asymmetric Macroprudential Policy