2017 - Volume 49, Issue 4

Estimating Monetary Policy Rules When Nominal Interest Rates Are Stuck at Zero

JINILL KIM,  SETH PRUITT


Bank Capital Regulation of Trading Portfolios: An Assessment of the Basel Framework

GORDON J. ALEXANDER,  ALEXANDRE M. BAPTISTA


Precautionary Saving of Chinese and U.S. Households

HORAG CHOI,  STEVEN LUGAUER,  NELSON C. MARK


Should the Federal Reserve Pay Competitive Interest on Reserves?

MATTHEW CANZONERI,  ROBERT CUMBY,  BEHZAD DIBA


Fiscal Activism and the Zero Nominal Interest Rate Bound

SEBASTIAN SCHMIDT


Variations in Market Liquidity and the Intraday Interest Rate

PURIYA ABBASSI,  FALKO FECHT,  JOHANNES TISCHER


Unstable Inflation Targets

WILLIAM A. BRANCH,  GEORGE W. EVANS


The Pitch Rather Than the Pit: Investor Inattention, Trading Activity, and FIFA World Cup Matches

MICHAEL EHRMANN,  DAVID-JAN JANSEN


Costly Information, Planning Complementarities, and the Phillips Curve

SUSHANT ACHARYA