Number 1 (February 2000)
Articles
Junxi Zhang, "Inflation and Growth: Pecuniary Transactions Costs and Qualitative Equivalence," pp. 1-12
George Fernando-Ruiz, "Debt Buybacks. Debt Reduction. and Debt Rescheduling under Asymmetric Information," pp. 13-27
Michael T. Kiley, "Endogenous Price Stickiness and Business Cycle Persistence" [zip] pp. 28-53 (For more information see the read me file for this file archive.)
Paolo Angelini, "Are Banks Risk Averse? Intraday Timing of Operations in the Interbank Market," pp. 54-73
Jith Jayaratne and Donald P. Morgan, "Capital Market Frictions and Deposit Constraints at Banks," pp. 74-92
Rajesh K. Aggarwal and Tarik Yousef, "Islamic Banks and Investment Financing" [zip] pp. 93-120 (there is no read me file for this file archive)
Ruby P. Kishan and Timothy P. Opiela, "Bank Size. Bank Capital. and the Bank Lending Channel," pp. 121-141
Notes, Comments, Replies
Kevin Dowd, "Using Futures Prices to Control Inflation: Reply to Garrison and White," pp. 142-145
Scott Sumner, "Is Nonprice Competition in Currency Inefficient?" pp. 146-149
Lawrence H. White and Donald J. Boudreaux "Is Nonprice Competition in Currency Inefficient? A Reply to Sumner," pp.150-153
Erratum
Woon Gyu Choi "Asymmetric Monetary Effects on Interest Rates across Monetary Policy Stances," pp. 154
Number 2 (May 2000)
Articles
Daniel L. Thornton, "Lifting the Veil of Secrecy from Monetary Policy: Evidence from the Fed's Early Discount Rate Policy" [zip] pp. 155-167 (there is no read me file for this file archive)
Aleksander Berentsen, "Money Inventories in Search Equilibrium," pp. 168-178
Ka-fu Wong, "Variability in the Effects of Monetary Policy on Economic Activity" [zip] pp. 179-198 (For more information see the read me file for this file archive.)
Tommy Berger, Peter Englund, Patric H. Hendershott, and Bengt Turner, "The Capitalization of Interest Subsidies: Evidence from Sweden," pp. 199-217
Sylvester C.W. Eijffinger; Marco Hoeberichts. and Eric Schaling, "Why Money Talks and Wealth Whispers: Monetary Uncertainty and Mystique," pp. 218-235
Mark Crosby and Glenn Otto, "Inflation and the Capital Stock," pp. 236-253
Allan D. Brunner, "On the Derivation on Monetary Policy Shocks: Should We Throw the VAR Out with the Bath Water?" [zip] pp. 254-279 (For more information see the read me file for this file archive.)
Notes, Comments, Replies
Kirill A. Sossounov, "Analyzing Indeterminacies in a Real Business Cycle Model with Money: A Comment," pp. 280-291
Roger E.A. Farmer, "Reply to Sossounov," pp. 292-293
Number 3, Part 1 (August 2000)
Money, Credit, and Banking Lecture
Bengt Holmström and Jean Tirole, "Liquidity and Risk Management," pp. 295-319
Articles
Tony Caporale and Kevin B. Grier, "Political Regime Change and the Real Interest Rate" [zip] pp. 320-334(For more information see the read me file for this file archive.)
Victor E. Li, " Household Credit and the Monetary Transmission Mechanism," pp. 335-356
John M. Barron and Neven T. Valev, "International Lending by U.S. Banks," pp. 357-381
Michael R. Pakko, "The Cyclical Relationship between Output and Prices: An Analysis in the Frequency Domain" [zip] pp. 382-399 (For more information see the read me file for this file archive.)
Mary G. Finn, "Perfect Competition and the Effects of Energy Price Increases on Economic Activity," pp. 400-416
Peter N. Ireland, "Interest Rates, Inflation, and Federal Reserve Policy since 1980" [zip] pp. 417-434 (For more information see the read me file for this file archive.)
John S. Lapp and Douglas K. Pearce, "Does a Bias in FOMC Policy Directives Help Predict Inter-Meeting Policy Changes?" pp. 435-441 (For more information see the read me file for this file archive.)
Erratum
Paolo Angelini, "Are Banks Risk Averse? Erratum," pp. 442
Number 3, Part 2 (August 2000-- "What Should Central Banks Do?" A conference at the Federal Reserve Bank of Cleveland, Cleveland, OH)
What Should Central Banks Do? A Conference Sponsored by the Federal Reserve Bank of Cleveland, October 27-29, 2000
Joseph G. Haubrich, Special Issue Editor
Mark S. Sniderman, Opening Remarks, pp. 443-444
Joseph G. Haubrich and James B. Thomson, Introduction, pp. 445-449
Berry Wilson, Anthony Saunders, and Gerard Caprio, Jr., "Financial Fragility and Mexico's 1994 Peso Crisis: An Event-Window Analysis of Market-Valuation Effects," pp. 450-468
Comment by Maria Soledad Martinez Peria, pp. 469-473
Jenny Corbett and Janet Mitchell, "Banking Crises and Bank Rescues: The Effect of Reputation," pp. 474-512
Comment by Andrew Winton, pp. 513-517
Christopher Sleet and Bruce D. Smith, "Deposit Insurance and Lender-of-Last-Resort Functions," pp. 518-575
Comment by Ed Stevens, pp. 576-579
Rafael Repullo, "Who Should Act as Lender of Last Resort? An Incomplete Contracts Model," pp. 580-605
Comment by Patrick Bolton pp. 606-610
Xavier Freixas, Bruno M. Parigi. and Jean-Charles Rochet, "Systemic Risk, Interbank Relations, and Liquidity Provision by the Central Bank," pp. 611-638
Comment by Arvind Krishnamurthy, pp. 639-640
Allen N. Berger, Sally M. Davies, and Mark J. Flannery, "Comparing Market and Supervisory Assessments of Bank Performance: Who Knows What When?" pp. 641-667
Comment by John Boyd, pp. 668-670
Edward J. Kane, "Incentives for Banking Megamergers: What Motives Might Regulators Infer from Event-Study Evidence?" pp. 671-701
Comment by George G. Pennacchi pp. 702
Number 4, Part 1 (November 2000)
Articles
Antulio N. Bomfim and Glenn D. Rudebusch, "Opportunistic and Deliberate Disinflation under Imperfect Credibility," pp. 707-721
Caroline Betts and Michael B. Devereux, "International Monetary Policy Coordination and Competitive Depreciation: A Reevaluation," pp. 722-745
Miquel Faig, "The Optimal Structure of Liquidity Provided by a Self-Financed Central Bank," pp. 746-765
Joseph G. Haubrich and Joseph A. Ritter, "Dynamic Commitment and Incomplete Policy Rules," pp. 766-784
Pavle Petrovic and Zorica Mladenovic, "Money Demand and Exchange Rate Determination under Hyperinflation: Conceptual Issues and Evidence from Yugoslavia" [zip] pp. 785-806 (there is no read me file for this file archive)
Harold J. Brumm, "Inflation and Central Bank Independence: Conventional Wisdom Redux," pp. 807-819
John V. Duca, "Financial Technology Shocks and the Case of the Missing M2" [zip] pp. 820-839 (For more information see the read me file for this file archive.)
Annual Index
Number 4, Part 2 (November 2000-- "Monetary Policy in a Low-Inflation Environment," A Conference Sponsored by the Federal Reserve Banks of Boston, New York, Cleveland, Richmond, Atlanta, St. Louis, and Minneapolis, and the Board of Governors of the Federal Reserve System)
Monetary Policy in a Low-Inflation Environment: A Conference Sponsored by the Federal Reserve Banks of Boston, Cleveland, Richmond, Atlanta, St. Louis, and Minneapolis, and the Board of Governors of the Federal Reserve System, October 18-20, 1999
Jeffrey C. Fuhrer and Mark S. Sniderman, Special Issue Editors
Jeffrey C. Fuhrer and Mark Sniderman, Conference Summary, pp. 845-869
Bennett T. McCallum, "Theoretical Analysis Regarding a Zero Lower Bound on Nominal Interest Rates, " pp. 870-904 Comment by Lawrence J. Christiano, 905-930
Comment by Neil Wallace, 931-935
David Reifschneider and John C. Williams, "Three Lessons for Monetary Policy in a Low-Inflation Era,"pp. 936-966
Comment by Christopher, A. Sims pp. 967-972
Comment by Neil Wallace, pp. 973-978
J. Bradford DeLong, "America's Historical Experience with Low Inflation," pp. 979-993
Comment by Ben S. Barnake, pp. 994-997
Comment by William B. English 998
Marvin Goodfriend, "Overcoming the Zero Bound on Interest Rate Policy," pp. 1007-1035
Comment by Ralph C. Bryant, pp. 1036-1050
Comment by Charles Freedman, pp. 1051-1057
Anthony Saunders, "Low Inflation: The Behavior of Financial Markets and Institutions," pp. 1058-1087
Comment by John Y. Campbell, pp. 1088-1092
Summary: Policy Panel
Alan S. Blinder, "Monetary Policy at the Zero Lower Bound: Balancing the Risks," pp. 1093-1099
Michael Mussa, "Reflections on Monetary Policy of Low Inflation," pp. 1100-1106
Kazuo Ueda, "Japan's Experience with Zero Interest Rates," pp. 1107-1109