International Journal of Central Banking (IJCB)

The International Journal of Central Banking (IJCB) is an initiative of the central banking community.

Published quarterly, the journal features articles on central bank theory and practice, with a special emphasis on research relating to monetary and financial stability. The main objectives of the International Journal of Central Banking are:

  • to disseminate widely the best policy-relevant and applied research that reflects the missions of central banks around the world across a range of disciplines; and
  • to promote communication amongst researchers both inside and outside of central banks.

September 2016 issue

Opening Remarks
  by Manuel Ramos-Francia

The Financial and Macroeconomic Effects of the OMT Announcements
  by Carlo Altavilla, Domenico Giannone and Michele Lenza
Discussion by Stefania D'Amico

Beggar-Thy-Neighbor? The International Effects of ECB Unconventional Monetary Policy Measures
  by Kristina Bluwstein and Fabio Canova
Discussion by Klaus Adam

Options-Implied Probability Density Functions for Real Interest Rates
  by Jonathan H. Wright
Discussion by Eric T. Swanson

The Effect of Unconventional Monetary Policy on Inflation Expectations: Evidence from Firms in the United Kingdom
  by Lena Boneva, James Cloyne, Martin Weale and Tomasz Wieladek
Discussion by Julio A. Carrillo

Long-Run Inflation Uncertainty
  by Stefan Nagel

Policy Spillovers and Synergies in a Monetary Union
  by ├ôscar Arce, Samuel Hurtado and Carlos Thomas
Discussion by Andrea Ferrero

Financial Intermediation in a Global Environment
  by Victoria Nuguer
Discussion by Robert Kollmann
Appendix

Rule-of-Thumb Consumers and Labor Tax Cut Policy at the Zero Lower Bound
  by Lorant Kaszab
Discussion by Kolver Hernandez

Dynamic Stochastic General Equilibrium Models and Their Discontents
  by Tamim Bayoumi