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.

Cover and contents (PDF, 4 pages, 230 kb)

Communication, Decision Making, and the Optimal Degree of Transparency of Monetary Policy Committees
by Anke Weber

Canada's Pioneering Experience with a Flexible Exchange Rate in the 1950s: (Hard) Lessons Learned for Monetary Policy in a Small Open Economy
by Michael Bordo, Ali Dib and Lawrence Schembri

The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior
by Spence Hilton and Warren B. Hrung

The Sub-Prime Crisis and UK Monetary Policy
by Christopher Martin and Costas Milas

Central Bank Communication and Multiple Equilibria
by Kozo Ueda

Estimation of Monetary Policy Preferences in a Forward-Looking Model: A Bayesian Approach
by Pelin Ilbas

Bank of England Interest Rate Announcements and the Foreign Exchange Market
by Michael Malvin, Christian Saborowski, Michael Sager and Mark P. Taylor