2024 - Volume 56, Issue 2-3

A Kined-Demand Theory of Price Rigidity

STÉPHANE DUPRAZ


Expectations Formation, Sticky Prices, and the ZLB

ELIZABETH BERSSON,  PATRICK HÜRTGEN,  MATTHIAS PAUSTIAN


Secured Loans and Risky Assets in a Monetary Economy

YUCHI CHU,  YITING LI


Managing Bubbles in Experimental Asset Markets with Monetary Policy

MYRNA HENNEQUIN,  CARS HOMME


Liquidity Provision and Financial Stability

WILLIAM CHEN,  GREGORY PHELAN


Collateral Framework: Liquidity Premia and Multiple Equilibria

YVAN LENGWILER,  ATHANASIOS ORPHANIDES


Financial Crises as a Phenomenon of Multiple Equilibria and How to Select among Them

NICOLAS MÄDER


A Prudential Paradox: The Signal in (Not) Restricting Bank Dividends

LEVENT GÜNTAY,  STEFAN JACEWITZ,  JONATHAN POGACH


Markups, Tobin's q, and the Increasing Capital Share

JACOB A. KERSPIEN,  JAKOB B. MADSEN


Shadow Funding and Economic Growth: Evidence from China

XU FENG,  XIAOWEN AN,  YAHUI AN,  YAJUN XIAO


Revisiting Real Wage Rigidity

MICHAEL ELLINGTON,  CHRIS MARTIN,  BINGSONG WANG


Endogenous Cycles in Collateralized Credit

VYACHESLAV ARBUZOV,  YU AWAYA,  HIROKI FUKAI,  MAKOTO WATANABE


International Housing Markets and the U.S. Subprime Crisis

SHIKONG (SCOTT) LUO,  JUN MA