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.

June 2022 issue

Cover and contents

Regulatory Stress Tests and Bank Responses: Heterogeneous Treatment Effect in Dynamic Settings
Karel Janda and Oleg Kravtsov
Online appendix

Exiting from an Exchange Rate Floor in a Small Open Economy: Balance Sheet Implications of the Czech National Bank's Exchange Rate Commitment
Michal Franta, Tomáš Holub and Branislav Saxa

ECB Corporate QE and the Loan Supply to Bank-Dependent Firms
Frank Betz and Roberto A. De Santis

Have Inflation Expectations Become Un-anchored? The Role of Oil Prices and Global Aggregate Demand
Nathan Sussman and Osnat Zohar
Online appendix

Some Like it Hot: Assessing Longer-Term Labor Market Benefits from a High-Pressure Economy
Julie L. Hotchkiss and Robert E. Moore
Online appendix

Finding a Role for Slack in Real-Time Inflation Forecasting
N. Kundan Kishor and Evan F. Koenig

The Impact of TARP Capital Infusion on Bank Liquidity Creation: Does Bank Size Matter?
Chen Zheng, Adrian (Wai Kong) Cheung and Tom Cronje
Online appendix

Capital Requirement Reductions, Heterogeneity, and Real Economic Outcomes
Elif C. Arbatli-Saxegaard and Ragnar E. Juelsrud