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.

February 2017 issue

Cover and contents

Assessing and Combining Financial Conditions Indexes
  by Sirio Aramonte, Samuel Rosen, and John W. Schindler

Can the Fed Talk the Hind Legs Off the Stock Market?
  by Sylvester Eijffinger, Ronald Mahieu, and Louis Raes
Online Appendix

Heterogeneous Bank Lending Responses to Monetary Policy: New Evidence from a Real-Time Identification
  by John C. Bluedorn, Christopher Bowdler, and Christoffer Koch

State Dependency in Price and Wage Setting
  by Shuhei Takahashi

Tight Money and the Sustainability of Public Debt
  by Sergey Pekarski

Consumers' Attitudes and Their Inflation Expectations
  by Michael Ehrmann, Damjan Pfajfar, and Emiliano Santoro

Aggregate Dynamics after a Shock to Monetary Policy in Developing Countries
  by Emek Karaca and Mustafa Tugan
Online Appendix

Effectiveness and Transmission of the ECB's Balance Sheet Policies
  by Jef Boeckx, Maarten Dossche, and Gert Peersman