2015 - Volume 47, Issue 5

Did the Reserve Requirement Increases of 1936–37 Reduce Bank Lending? Evidence from a Quasi-Experiment

HAELIM PARK,  PATRICK VAN HORN


Household Response to Government Debt: Evidence from Life Insurance Holdings

STEVEN G. CRAIG,  EDWARD C. HOANG,  DIETRICH VOLLRATH


Forecasting National Recessions Using State-Level Data

MICHAEL T. OWYANG,  JEREMY PIGER,  HOWARD J. WALL


Heterogeneous Inflation Expectations and Learning

CARLOS MADEIRA,  BASIT ZAFAR


Cross-Listed Bonds, Information Asymmetry, and Conservatism in Credit Ratings

YIGIT ATILGAN,  ALOKE (AL) GHOSH,  MENG YAN,  JIEYING ZHANG


A Reconsideration of Minsky's Financial Instability Hypothesis

SUDIPTO BHATTACHARYA,  CHARLES A.E. GOODHART,  DIMITRIOS P. TSOMOCOS,  ALEXANDROS P. VARDOULAKIS


Fiscal Transfers and Fiscal Sustainability

NIKLAS POTRAFKE,  MARKUS REISCHMANN


Distance, Language, Religion, and the Law of One Price: Evidence from Canada and Nigeria

DAVID FIELDING,  CHRISTOPHER HAJZLER,  JAMES MACGEE