2026 - Volume 58, Issue 2

2026 - Volume 58, Issue 2

Quantitative Easing, Investment, and Safe Assets: The Corporate Bond–Lending Channel

ERASMO GIAMBONA,  RAFAEL MATTA,  JOSE-LUIS PEYDRO,  YE WANG


Decomposing Supply- and Demand-Driven Inflation

ADAM HALE SHAPIRO


Monetary Policy and Government Debt

NICOLAS CARAMP,  ETHAN FEILICH


Generalizing Determinacy under Monetary and Fiscal Policy Switches: The Case of the Zero Lower Bound

SEONGHOON CHO,  ANTONIO MORENO


Exchange Rates and Prices in the Netherlands and Britain over the Past Four Centuries

JAMES R. LOTHIAN,  JOHN DEVEREUX


Nonconforming Preferences: Jumbo Mortgage Lending and Large Bank Stress Tests

ANDREW HAUGHWOUT,  DONALD MORGAN,  MICHAEL NEUBAUER,  MAXIM PINKOVSKIY,  WILBERT VAN DER KLAAUW


Deposit Competition and Mortgage Securitization

DANNY MCGOWAN,  HUYEN NGUYEN,  KLAUS SCHAECK


Measuring the Impact of Unconventional Monetary Policies on the U.S. Banking and Bond Markets at the Lower Bound

PETER SPENCER


Market-Triggered Contingent Capital with Incomplete Information

TOBIAS BERG,  EVA SCHLIEPHAKE


Fiscal Policy, Government Ideology, and Economic Activity: Evidence from OECD Countries

RAPHAELLE G. COULOMBE


Expectations for Gasoline Prices and Inflation: Evidence from Households

CONSTANTIN BÜRGI,  PRACHI SRIVASTAVA,  KARL WHELAN