2025 - Volume 57, Issue 5

2025 - Volume 57, Issue 5

Earn More Tomorrow: Overconfidence, Income Expectations, and Consumer Indebtedness

ANTONIA GROHMANN,  LUKAS MENKHOFF,  CHRISTOPH MERKLE,  RENKE SCHMACKER


The Global Transmission of Real Economic Uncertainty

JUAN M. LONDONO,  SAI MA,  BETH ANNE WILSON


Digging Deeper—Evidence on the Effects of Macroprudential Policies from a New Database

ZOHAIR ALAM,  ADRIAN ALTER,  JESSE EISEMAN,  GASTON GELOS,  HEEDON KANG,  MACHIKO NARITA,  ERLEND NIER,  NAIXI WANG


How Do Mortgage Rate Resets Affect Consumer Spending and Debt Repayment? Evidence from Canadian Consumers

KATYA KARTASHOVA,  XIAOQING ZHOU


Inflation—Who Cares? Monetary Policy in Times of Low Attention

OLIVER PFÄUTI


Foreign Exchange Intervention: A Data Set of Official Data and Estimates

GUSTAVO ADLER,  KYUN SUK CHANG,  RUI C. MANO,  YUTING SHAO


Determinants of the Credit Cycle: A Flow Analysis of the Extensive Margin

VINCENZO CUCINIELLO,  NICOLA DI IASIO


Flight to Safety or Liquidity? Dissecting Liquidity Shortages in the Financial Crisis

FENG DONG,  YI WEN


A Test of the Permanent Income Hypothesis When Households are Less Constrained

EMMA AISBETT,  MARKUS BRUECKNER,  RALF STEINHAUSER,  RHETT WILCOX


Aggregate Dynamics with Sectoral Price Stickiness Heterogeneity and Aggregate Real Shocks

ALESSANDRO FLAMINI,  IFTEKHAR HASAN