2018 - Volume 50, Issue 8

Balanced-Budget Rules and Aggregate Instability: The Role of Endogenous Capital Utilization

KEVIN X.D. HUANG,  QINGLAI MENG,  JIANPO XUE


Did the Founding of the Federal Reserve Affect the Vulnerability of the Interbank System to Contagion Risk?

MARK CARLSON,  DAVID C. WHEELOCK


Explaining the Boom–Bust Cycle in the U.S. Housing Market: A Reverse-Engineering Approach

PAOLO GELAIN,  KEVIN J. LANSING,  GISLE J. NATVIK


Big Banks and Macroeconomic Outcomes: Theory and Cross-Country Evidence of Granularity

FRANZISKA BREMUS,  CLAUDIA M. BUCH,  KATHERYN N. RUSS,  MONIKA SCHNITZER


Unconventional Monetary Policy and International Risk Premia

JOHN H. ROGERS,  CHIARA SCOTTI,  JONATHAN H. WRIGHT


Monetary Policy and Investment Dynamics: Evidence from Disaggregate Data

GREGORY E. GIVENS,  ROBERT R. REED


The State-Level Impact of Uncertainty Shocks

HAROON MUMTAZ,  LAURA SUNDER-PLASSMANN,  ANGELIKI THEOPHILOPOULOU


Credit Default Swaps in General Equilibrium: Endogenous Default and Credit-Spread Spillovers

R. MATTHEW DARST,  EHRAZ REFAYET


Search, Financial Market Frictions, and Monetary Transmission

VICTOR E. LI


The Legacy and the Tyranny of Time: Exit and Re-Entry of Sovereigns to International Capital Markets

LUCA AGNELLO,  VÍTOR CASTRO,  RICARDO M. SOUSA