Cover and contents (PDF, 4 pages, 214 kb)
Inflation Forecasts and the New Keynesian Phillips Curve
by Sophocles N. Brissimis and Nicholas S. Magginas
Optimal Monetary Policy in an Estimated DSGE Model
by Eric Jondeau and Jean-Guillaume Sahuc
Optimal and Simple Monetary Policy Rules with Zero Floor on the Nominal Interest Rate
by Anton Nakov
Specification and Calibration Errors in Measures of Portfolio Credit Risk: The Case of the ASRF Model
by Nikola Tarashev and Haibin Zhu
The Impact of Central Bank Announcements on Asset Prices in Real Time
by Carlo Rosa and Giovanni Verga
The Danger of Inflating Expectations of Macroeconomic Stability: Heuristic Switching in an Overlapping-Generations Monetary Model
by Alex Brazier, Richard Harrison, Mervyn King and Tony Yates