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 2025 issue

Cover and contents

Macroeconomic Policy, Product Market Competition, and Growth: The Intangible Investment Channel
JaeBin Ahn, Romain Duval, and Can Sever

Public Funding of Banks and Firms in a Time of Crisis
Markus Haavio, Antti Ripatti, and Tuomas Takalo

Monetary Policy Shocks and Inflation Inequality
Christoph Lauper and Giacomo Mangiante

A Financial Stress Index for a Small Open Economy: The Australian Case
Pedro Gomis-Porqueras, Xiaoyang Li, Romina Ruprecht, and Xuan Zhou

Macroprudential Policy and Income Inequality: The Trade-Off Between Crisis Prevention and Credit Redistribution
Simona Malovaná, Jan Janků, and Martin Hodula

Forecasting Core Inflation and Its Goods, Housing, and Supercore Components
Todd E. Clark, Matthew V. Gordon, and Saeed Zaman

The Resilience of the U.S. Corporate Bond Market during Financial Crises
Bo Becker and Efraim Benmelech

Central Bank Credibility and Institutional Resilience
Christopher A. Hartwell and Pierre L. Siklos