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.

October 2024 issue

Cover and contents

A Medium-Scale DSGE Model for the Integrated Policy Framework
Tobias Adrian, Vitor Gaspar, and Francis Vitek

Disinflations and Income Distribution
Laura Acevedo and Marc Hofstetter

Financial Stability Governance and Central Bank Communications
Juan M. Londono, Stijn Claessens, and Ricardo Correa

The Economics of Central Bank Digital Currency
Toni Ahnert, Katrin Assenmacher, Peter Hoffmann, Agnese Leonello, Cyril Monnet, and Davide Porcellacchia

Real-Time Forecasting with a (Standard) Mixed-Frequency VAR During a Pandemic
Frank Schorfheide and Dongho Song

Government Debt and Expectations-Driven Liquidity Traps
Charles de Beauffort

Sterilized Interventions May Not Be So Sterilized
Shalva Mkhatrishvili, Giorgi Tsutskiridze, and Lasha Arevadze

Still "Too Much, Too Late": Provisioning for Expected Loan Losses
Roman Goncharenko and Asad Rauf