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2020 - Volume 52, Issue 4

Monetary Equilibrium and the Cost of Banking Activity

PAOLA BOEL,  GABRIELE CAMERA


Banks' Funding Stress, Lending Supply, and Consumption Expenditure

H. EVREN DAMAR,  REINT GROPP,  ADI MORDEL


Inflation-Indexed Bonds and Nominal Bonds: Financial Innovation and Precautionary Motives

MINWOOK KANG


The Effects of State-Mandated Financial Education on College Financing Behaviors

CHRISTIANA STODDARD,  CARLY URBAN


Labor Market and Financial Shocks: A Time-Varying Analysis

FRANCESCO CORSELLO,  VALERIO NISPI LANDI


Monetary Policy Uncertainty and the Response of the Yield Curve to Policy Shocks

PETER TILLMANN


On the Value of Virtual Currencies

WILKO BOLT,  MAARTEN R.C. VAN OORDT


Foreign Direct Investment and Debt Financing in Emerging Economies

PAUL LUK,  TIANXIAO ZHENG


Tax Evasion, Investment Shocks, and the Consumption Puzzle: A DSGE Analysis with Financial Frictions

BRUNO CHIARINI,  MARIA FERRARA,  ELISABETTA MARZANO


Can Stock Volatility Be Benign? New Measurements and Macroeconomic Implications

YU-FAN HUANG,  SUI LUO


A Note of Caution on Shadow Rate Estimates

LEO KRIPPNER