2014 - Volume 46, Issue 8

Money Laundering as a Crime in the Financial Sector: A New Approach to Quantitative Assessment, with an Application to Italy

GUERINO ARDIZZI,  CARMELO PETRAGLIA,  MASSIMILIANO PIACENZA,  FRIEDRICH SCHNEIDER,  GILBERTO TURATI


Monetary Regime Switches and Central Bank Preferences

DAVIDE DEBORTOLI,  RICARDO NUNES


Investment Dynamics with Information Costs

FABIO VERONA


Trade Openness and Exchange Rate Regimes

ONDRA KAMENIK,  MICHAEL KUMHOF


Heterogeneous Background Risks and Portfolio Choice: Evidence from Micro-level Data

DARIUS PALIA,  YAXUAN QI,  YANGRU WU


Beyond the Transaction: Banks and Mortgage Default of Low-Income Homebuyers

O. EMRE ERGUNGOR,  STEPHANIE MOULTON


Using Cash to Monitor Liquidity: Implications for Payments, Currency Demand, and Withdrawal Behavior

ULF VON KALCKREUTH,  TOBIAS SCHMIDT,  HELMUT STIX


Aggregate Stability and Balanced-Budget Rules

MATTEO F. GHILARDI,  RAFFAELE ROSSI