2026 - Volume 58, Issue 3

2026 - Volume 58, Issue 3

Pollution Permits and Financing Costs

FABIO ANTONIOU,  MANTHOS D. DELIS,  STEVEN ONGENA,  CHRIS TSOUMAS


Proximity to War: The Stock Market Response to the Russian Invasion of Ukraine

JONATHAN FEDERLE,  ANDRÉ MEIER,  GERNOT J. MÜLLER,  VICTOR SEHN


Has the Euro Paid Off? A Study of the Trade-Induced Welfare Effects of the EMU

Silviano Esteve-Pérez,  Salvador Gil-Pareja,  Rafael Llorca-Vivero,  Jordi Paniagua


Inflation Expectation Uncertainty in a New Keynesian Framework

ANGELA FUEST,  TORSTEN SCHMIDT


A New Indicator of Common Wage Inflation

HIE JOO AHN,  HAN CHEN,  MICHAEL KISTER


Best Before? Expiring Central Bank Digital Currency and Loss Recovery

CHARLES M. KAHN,  MAARTEN R.C. VAN OORDT,  YU ZHU


Impact of Uncertainty Shocks on Income and Wealth Inequality

SANGYUP CHOI,  JEEYEON PHI


How Do Housing Markets Affect Local Consumer Prices?: Evidence from U.S. Cities

CHI-YOUNG CHOI,  SOOJIN JO


Banking Panic Risk and Macroeconomic Uncertainty

JOHANNES POESCHL,  JAKOB G. MIKKELSEN


On Adjusting the One-Sided Hodrick–Prescott Filter

ELIAS WOLF,  FRIEDER MOKINSKI,  YVES SCHÜLER