Cover and contents (PDF, 4 pages, 219 kb)
Modeling Bank Senior Unsecured Ratings: A Reasoned Structured Approach to Bank Credit Assessment
by Spyros Pagratis and Marco Stringa
Explaining Monetary Policy in Press Conferences
by Michael Ehrmann and Marcel Fratzscher
The Interest Rate Conditioning Assumption
by Charles Goodhart
Futures Contract Rates as Monetary Policy Forecasts
by Giuseppe Ferrero and Andrea Nobili
Firm-Specific Capital and Welfare
by Tommy Sveen and Lutz Weinke
Instability and Nonlinearity in the Euro-Area Phillips Curve
by Alberto Musso, Livio Stracca and Dick van Dijk