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 2018 issue

Cover and contents

A Narrative Indicator of Monetary Conditions in China
   by Rongrong Sun

Do Phillips Curves Conditionally Help to Forecast Inflation
   by Michael Dotsey, Shigeru Fujita and Tom Stark

The Effects of Government Bond Purchases on Leverage Constraints of Banks and Non-Financial Firms
   by Michael Kühl
   Online appendix

Central Banks' Predictability: An Assessment by Financial Market Participants
   by Bernd Hayo and Matthias Neuenkirch

Crises and Rescues: Liquidity Transmission through Global Banks
   by Claudia Buch, Cathérine Koch and Michael Koetter

The Impact of Monetary Strategies on Inflation Persistence
   by Evžen Kočenda and Balázs Varga

Deviations from Covered Interest Rate Parity and the Dollar Funding of Global Banks
   by Tomoyuki Iida, Takeshi Kimura and Nao Sudo

Monetary Policy and Defaults in the United States
   by Michele Piffer
   Online appendix