International Journal of Central Banking

Press release  | 
26 July 2004

(Update 22 October 2004: New version of call for papers )

The Bank for International Settlements (BIS) today announced plans to support the development of a new publication focused on central bank theory and practice and issued a call for research papers. The International Journal of Central Banking (IJCB) will be a joint project of the BIS, the European Central Bank and each of the Group of Ten (G10) central banks, with participation also expected from other central banks. The G10 central banks are the National Bank of Belgium, Bank of Canada, Bank of France, Deutsche Bundesbank, Bank of Italy, Bank of Japan, Netherlands Bank, Sveriges Riksbank, Swiss National Bank, Bank of England and the Board of Governors of the Federal Reserve System.

The IJCB will publish refereed articles of high analytical quality for a professional audience. The journal will feature policy-relevant articles on any aspect of the theory and practice of central banking. Special emphasis will be given to research bearing on monetary and financial stability. The objectives of the IJCB are to widely disseminate the best policy-relevant and applied research on central banking and to promote communication among researchers both inside and outside central banks.

Federal Reserve Board Governor Ben S Bernanke will serve as the initial managing editor, and will work with designees from the sponsoring institutions to develop the journal. Claudio Borio will serve as the BIS’s representative to the journal’s governing committee.

European Central Bank economist Frank Smets and Bank of Japan Policy Board Member Kazuo Ueda will serve as IJCB co-editors. The journal board will appoint additional co-editors as well as a small group of associate editors to help coordinate solicitation and review of articles.

The BIS will host the journal’s website, which will be accessible to readers free of charge. Print copies will be available by subscription. The IJCB sponsors held their initial meeting in July and aim to publish the first quarterly issue in early 2005.

A formal call for research papers is attached. Questions about the submission process may be directed to or mailed to: Managing Editor, International Journal of Central Banking, MS-127, Board of Governors of the Federal Reserve System, Washington, DC 20551. Submission guidelines for authors are available at