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.

March 2019 issue

Cover and contents

Introduction

Calibrating Macroprudential Policy to Forecasts of Financial Stability
   by Scott A. Brave, and Jose A. Lopez

Can Macroprudential Measures Make Cross-Border Lending More Resilient? Lessons from the Taper Tantrum
   by Elöd Takáts and Judit Temesvary

Are Basel's Capital Surcharges for Global Systemically Important Banks Too Small?
   by Wayne Passmore and Alexander H. von Hafften

Home Bias in Bank Sovereign Bond Purchases and the Bank-Sovereign Nexus
   by Desislava C. Andreeva and Thomas Vlassopoulos

Missing Disinflation and Missing Inflation: A VAR Perspective
   by Elena Bobeica and Marek Jarociński
   Online appendix

Deflation Probability and the Scope for Monetary Loosening in the United Kingdom
   by Alex Haberis, Riccardo M. Masolo, and Kate Reinold

Financial Stability and Optimal Interest Rate Policy
   by Andrea Ajello, Thomas Laubach, David López-Salido, and Taisuke Nakata
   Online appendix

The Synchronization of Business Cycles and Financial Cycles in the Euro Area
   by William Oman
   Online appendix