2018 - Volume 50, Issue 7

Dealing with Time Inconsistency: Inflation Targeting versus Exchange Rate Targeting

J. SCOTT DAVIS,  IPPEI FUJIWARA,  JIAO WANG


Cross-Border Auction Cycle Effects of Sovereign Bond Issuance in the Euro Area

ROEL BEETSMA,  MASSIMO GIULIODORI,  JESPER HANSON,  FRANK DE JONG


U.S. Monetary Regimes and Optimal Monetary Policy in the Euro Area

KOSTAS MAVROMATIS


Financial Stress Regimes and the Macroeconomy

ANA BEATRIZ GALVÃO,  MICHAEL T. OWYANG


The Risk-Taking Channel of Monetary Policy: Exploring All Avenues

DIANA BONFIM,  CARLA SOARES


Hot Money and Quantitative Easing: The Spillover Effects of U.S. Monetary Policy on the Chinese Economy

STEVEN WEI HO,  JI ZHANG,  HAO ZHOU


Propagation Mechanisms for Government Spending Shocks: A Bayesian Comparison

ANNA KORMILITSINA,  SARAH ZUBAIRY


The Effects of Oil Supply and Demand Shocks on U.S. Consumer Sentiment

JOCHEN H. F. GÜNTNER,  KATHARINA LINSBAUER


On the Instability of Long-Run Money Demand and the Welfare Cost of Inflation in the United States

MATTEO MOGLIANI,  GIOVANNI URGA