2019 - Volume 51, Issue 8

On Targeting Frameworks And Optimal Monetary Policy

MARTIN BODENSTEIN,  JUNZHU ZHAO


Monetary Policy and the Asset Risk-Taking Channel

ANGELA ABBATE,  DOMINIK THALER


Identifying Noise Shocks: A VAR with Data Revisions

RICCARDO M. MASOLO,  ALESSIA PACCAGNINI


Redenomination Risk

ROBERTO A. DE SANTIS


Welfare Cost of Fluctuations When Labor Market Search Interacts with Financial Frictions

ELENI ILIOPULOS,  FRANÇOIS LANGOT,  THEPTHIDA SOPRASEUTH


Predicting Long-Term Financial Returns: VAR versus DSGE Model—A Horse Race

ERIC JONDEAU,  MICHAEL ROCKINGER


International Business Cycle and Financial Intermediation

TAMAS Z. CSABAFI,  MAX GILLMAN,  RUTHIRA NARAIDOO


Estimating Trend Inflation Based on Unobserved Components Model: Is It Correlated with the Inflation Gap?

SHIH-TANG HWU,  CHANG-JIN KIM