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2024 - Volume 56, Issue 5

Housing, Distribution, and Welfare

NOBUHIRO KIYOTAKI,  ALEXANDER MICHAELIDES,  KALIN NIKOLO

The Impact of Credit Risk Mispricing on Mortgage Lending during the Subprime Boom

JAMES A. KAHN,  BENJAMIN S. KAY

In Search of a Risk-Free Asset: Search Costs and Sticky Deposit Rates

VLADIMIR YANKOV

Capturing Macro-Economic Tail Risks with Bayesian Vector Autoregressions

ANDREA CARRIERO,  TODD E. CLARK,  MASSIMILIANO MARCELLINO

Deregulation and Financial Intermediation Cost: An International Comparison

GUILLAUME BAZOT

The Credit-Card-Services Augmented Divisia Monetary Aggregates

WILLIAM A. BARNETT,  MARCELLE CHAUVET,  DANILO LEIVA-LEON,  LITING SU

Credit Guarantee and Fiscal Costs

HUIXIN BI,  YONGQUAN CAO,  WEI DONG

Liquidity, the Mundell–Tobin Effect, and the Friedman Rule

LUKAS ALTERMATT,  CHRISTIAN WIPF

Negative Interest Rate Policy and the Influence of Macro-Economic News on Yields

RASMUS FATUM,  NAOKO HARA,  YOHEI YAMAMOTO