2025 - Volume 57, Issue 7

2025 - Volume 57, Issue 7

Stress Tests, Information Disclosure, and Credit Line Runs

JOSE E. GUTIERREZ,  LUIS FERNÁNDEZ LAFUERZA


Precision of Public Information Disclosures, Banks' Stability, and Welfare

DIEGO MORENO,  TUOMAS TAKALO


Forward Guidance under Imperfect Information

CHENGCHENG JIA


Media Treatment of Monetary Policy Surprises and Their Impact on Firms' and Consumers' Expectations

JULIEN PINTER,  EVŽEN KOČENDA


Quantitative Easing and Direct Lending in Response to the COVID-19 Crisis

FILIPPO OCCHINO


Potential Output Pessimism and Austerity in the European Union

PEI KUANG,  KAUSHIK MITRA


What Drives Inventory Accumulation? News on Rates of Return and Marginal Costs

CHRISTOPH GÖRTZ,  CHRISTOPHER GUNN,  THOMAS A. LUBIK


Reservation Rates in Interbank Money Markets

EDOARDO RAINONE


Financial Development and Innovation: The Role of Market Structure

XIAOYANG ZHU,  JAEBEOM KIM