Journal of Money Credit and Banking

Article	Citations
The Bank Lending Channel of Conventional and Unconventional Monetary Policy	64
The Cyclical Behavior of the Price‐Cost Markup	60
Slack and Cyclically Sensitive Inflation	45
Political Pressure on Central Banks	44
Quantitative Easing and Bank Risk Taking: Evidence from Lending	40
Bond Risk Premia and The Exchange Rate	38
A Further Look at the Propagation of Monetary Policy Shocks in HANK	33
A Time‐Series Model of Interest Rates with the Effective Lower Bound	33
Central Bank Digital Currency, Credit Supply, and Financial Stability	33
How Much Information Do Monetary Policy Committees Disclose? Evidence from the FOMC's Minutes and Transcripts	23
Macroeconomic Effects of Fiscal Consolidation in Emerging Economies: New Narrative Evidence from Latin America and the Caribbean	22
Credit Supply and Demand in Unconventional Times	21
The Missing Inflation Puzzle: The Role of the Wage‐Price Pass‐Through	20
The Propagation of Regional Shocks in Housing Markets: Evidence from Oil Price Shocks in Canada	19
Economic Policy Uncertainty and Bond Risk Premia	19
Unemployment Risk	18
Economic Uncertainty and Bank Lending	18
Explaining Monetary Spillovers: The Matrix Reloaded	17
Political Attitudes and Inflation Expectations: Evidence and Implications	15
Narrative Monetary Policy Surprises and the Media	15
Are the Largest Banking Organizations Operationally More Risky?	15
Does It Matter Where You Search? Twitter versus Traditional News Media	14
The Interest of Being Eligible	14
Credit Lines and the Liquidity Insurance Channel	13
Insider–Outsider Labor Markets, Hysteresis, and Monetary Policy	13

Partisan Conflict, News, and Investors' Expectations	13
Bank Sectoral Concentration and Risk: Evidence from a Worldwide Sample of Banks	13
Epidemic Exposure, Financial Technology, and the Digital Divide	13
A Model of Endogenous Financial Inclusion: Implications for Inequality and Monetary Policy	13
What Does the Cross‐Section Tell About Itself? Explaining Equity Risk Premia with Stock Return Moments	12
Uncovered Interest Parity, Forward Guidance and the Exchange Rate	12
Forecaster Efficiency, Accuracy, and Disagreement: Evidence Using Individual‐Level Survey Data	12
Geopolitical Risk and Investment	12
A Classical View of the Business Cycle	11
From a Quantity to an Interest Rate‐Based Framework: Multiple Monetary Policy Instruments and Their Effects in China	11
Monetary Policy, Inflation, and Rational Asset Price Bubbles	11
The Effect of Inflation on Wage Inequality: A North–South Monetary Model of Endogenous Growth with International Trade	10
Public Development Banks and Credit Market Imperfections	10
Invoicing Currency and Financial Hedging	10
The Term Structure of Uncertainty: New Evidence from Survey Expectations	10
Market Discipline through Credit Ratings and Too‐Big‐to‐Fail in Banking	10
Assessing the Gains from International Macroprudential Policy Cooperation	9
Heterogeneity in Euro Area Monetary Policy Transmission: Results from a Large Multicountry BVAR Model	9
Cross‐Border Debt Flows and Credit Allocation: Firm‐Level Evidence from the Euro Area	9
Evaluating Regulatory Reform: Banks' Cost of Capital and Lending	9
Information Sharing in a Competitive Microcredit Market	9
The Shadow Margins of Labor Market Slack	9
Fiscal Consolidation and Public Wages	9
Changing Supply Elasticities and Regional Housing Booms	9
Financial Frictions and Macro‐Economic Fluctuations in Emerging Economies	8
Bank Regulation, Network Topology, and Systemic Risk: Evidence from the Great Depression	8
Mobile Collateral versus Immobile Collateral	8
Equity Short Selling and the Bank Loan Market	8
International Lending: The Role of Lender's Home Country	8
Structural Breaks in U.S. Macroeconomic Time Series: A Bayesian Model Averaging Approach	8
Demographics and Monetary Policy Shocks	8
Secular Stagnation and Low Interest Rates under the Fear of a Government Debt Crisis	8
Households' Balance Sheets and the Effect of Fiscal Policy	8
Pushed Past the Limit? How Japanese Banks Reacted to Negative Rates	7
The impact of macroeconomic uncertainty on inequality: An empirical study for the United Kingdom	7
Quantifying Stock and Flow Effects of QE	7
Bank Examiners’ Information and Expertise and their Role in Monitoring and Disciplining Banks Before and During the Panic of 1893	7
Economic Slowdown and Housing Dynamics in China: A Tale of Two Investments by Firms	7
The Demand for Assets: Evidence from the Markov Switching Normalized Quadratic Model	7
Monetary Policy in a Schumpeterian Growth Model with Vertical R&D Sectors	7
Testing the Present‐Value Model of the Exchange Rate with Commodity Currencies	6
Deposit Insurance and Depositor Monitoring: Quasi‐Experimental Evidence from the Creation of the Federal Deposit Insurance Corporation	6
Estimating a Nonlinear New Keynesian Model with the Zero Lower Bound for Japan	6
The Role of Regulation and Bank Competition in Small Firm Financing: Evidence from the Community Reinvestment Act	6
The Credit‐Card‐Services Augmented Divisia Monetary Aggregates*	6
Relationship Banking and Monetary Policy Transmission: Evidence from India	6
The Poor and the Rich: Preferences over Inflation and Unemployment	6
Unconventional Monetary Policy and Auction Cycles of Eurozone Sovereign Debt	6
Housing Rents and Inflation Rates	6
Exploring Differences in Household Debt across the United States and Euro Area Countries	6

Does the Exchange Rate Respond to Monetary Policy in Mexico? Solving an Exchange Rate Puzzle in Emerging Markets	6
Does Competition Affect Bank Risk?	6
Unsecured and Secured Funding	5
Out of Bounds: Do SPF Respondents Have Anchored Inflation Expectations?	5
Monetary Policy Communication: Perspectives from Former Policymakers at the ECB	5
Effects of State‐Dependent Forward Guidance, Large‐Scale Asset Purchases, and Fiscal Stimulus in a Low‐Interest‐Rate Environment	5
The Role of Money in Monetary Policy at the Lower Bound	5
Banks as Potentially Crooked Secret Keepers	5
A Case against a 4% Inflation Target	4
Money, Bitcoin, and Monetary Policy	4
Sovereign Risk and the Bank Lending Channel: Differences across Countries and the Effects of the Financial Crisis	4
VAT Treatment of the Financial Services: Implications for the Real Economy	4
Sources of Bias in Inflation Rates and Implications for Inflation Dynamics	4
Government Spending, Debt Management, and Wealth and Income Inequality in a Growing Monetary Economy*	4
Response of Consumer Debt to Income Shocks: The Case of Energy Booms and Busts	4
Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)?	4
Intermediary Segmentation in the Commercial Real Estate Market*	4
The Bright and Dark Sides of a Central Bank's Financial Support to Local Banks after a Natural Disaster: Evidence from the Great Kanto Earthquake, 1923 Japan	4
Policy Uncertainty and Bank Mortgage Credit	4
The Walls Have Ears: Local Information Environments and Corporate Fraud	4
Currency Wars? Unconventional Monetary Policy Does Not Stimulate Exports	4
Adaptive Learning and Labor Market Dynamics	4
Fighting Fire with Gasoline: CoCos in Lieu of Equity	4
Geographic Cross‐Sectional Fiscal Spending Multipliers and the Role of Local Autonomy: Evidence from European Regions	4
Time‐Consistent Management of a Liquidity Trap with Government Debt	4
Inflation Expectations, Inflation Target Credibility, and the COVID‐19 Pandemic: Evidence from Germany	4
The International Spillovers of the 2010 U.S. Flash Crash	3
Beyond the LTV Ratio: Lending Standards, Regulatory Arbitrage, and Mortgage Default	3
Understanding Bank and Nonbank Credit Cycles: A Structural Exploration	3
Regional Effects of Exchange Rate Fluctuations	3
Nonlinear Transmission of Financial Shocks: Some New Evidence	3
Foreign Investment under the Spotlight of Home Media	3
Worker Heterogeneity, Selection, and Unemployment Dynamics in a Pandemic	3
Money in the Equilibrium of Banking1	3
A Money‐Financed Fiscal Stimulus: Redistribution and Social Welfare	3
Eliminating the Tax Shield through Allowance for Corporate Equity: Cross‐Border Credit Supply Effects	3
Money and Costly Credit	3
A Theory of Intrinsic Inflation Persistence	3
Owner‐Occupied Housing, Inflation, and Monetary Policy	3
Clogged Intermediation: Were Home Buyers Crowded Out?	3
Breaking the UIP: A Model‐Equivalence Result	3
Heterogeneous Effects of Unconventional Monetary Policy on the Bond Yields across the Euro Area	3
Nonlinear Employment Effects of Tax Policy	3
Introducing New Forms of Digital Money: Evidence from the Laboratory	3
Consumer Behavior and Firm Volatility	3
The (Ir)Relevance of Rule‐of‐Thumb Consumers for U.S. Business Cycle Fluctuations	3
The Importance of the Part‐Time and Participation Margins for Real Wage Adjustment	3
From Fixed‐Event to Fixed‐Horizon Density Forecasts: Obtaining Measures of Multihorizon Uncertainty from Survey Density Forecasts	3
Bringing Back the Jobs Lost to Covid‐19: The Role of Fiscal Policy	3
Adaptive Learning, Social Security Reform, and Policy Uncertainty	3
Market Reforms at the Zero Lower Bound	3
When Can Decision Makers Learn from Financial Market Prices?	3
Revolving versus Convenience Use of Credit Cards: Evidence from U.S. Credit Bureau Data	3
Uncertainty and the Cost of Bank versus Bond Finance	3
Money Illusion and TIPS Demand	3
Changing Impact of Shocks: A Time‐Varying Proxy SVAR Approach	3
Fiscal Policy And the Nominal Term Premium	3
Are the Liquidity and Collateral Roles of Asset Bubbles Different?	3
Does Monetary Policy Affect Income Inequality in the Euro Area?	3
The 1932 Federal Reserve Open‐Market Purchases as a Precedent for Quantitative Easing	3
Business Cycles across Space and Time	3
Domestic Debt and Sovereign Defaults	3
The Term Structure of Currency Futures' Risk Premia	3
Response Bias in Survey Measures of Expectations: Evidence from the Survey of Consumer Expectations’ Inflation Module	2
Inflation—Who Cares? Monetary Policy in Times of Low Attention	2
Medium‐Term Money Neutrality and the Effective Lower Bound	2
Conditional Equity Premium and Aggregate Corporate Investment	2
The Collateral Costs of Clearing	2
Trust Us to Repay: Social Trust, Long‐Term Interest Rates, and Sovereign Credit Ratings	2
What Did Homeowners Do with Home Equity Borrowing? Contemporaneous and Long‐Term Effects	2
Arbitrage in International Sovereign Debt Markets? Evidence from the Inflation‐Protected Securities of Six Countries	2
Institutional Arrangements and Inflation Bias: A Dynamic Heterogeneous Panel Approach	2
Fed's Policy Changes and Inflation in Emerging Markets: Lessons from the Taper Tantrum	2
The Effect of Monetary Policy on Consumption Inequality: An Analysis of Transmission Channels through TANK Models	2
The Fiscal Arithmetic of a Dual Currency Regime	2
Monetary Policy, Neutrality, and the Environment	2
The Impact of Credit Market Sentiment Shocks	2
An Application of Shapley Value Cost Allocation to Liquidity Savings Mechanisms	2
Mortgage Lending, Default, and the Community Reinvestment Act	2
A Dilemma between Liquidity Regulation and Monetary Policy: Some History and Theory	2

Caution: Do Not Cross! Distance to Regulatory Capital Buffers and Corporate Lending in a Downturn	2
Illiquidity, R&D Investment, and Stock Returns	2
On Liquidity Shocks and Asset Prices	2
Monetary Policy and Mispricing in Stock Markets	2
Does Real‐Time Macroeconomic Information Help to Predict Interest Rates?	2
News Shocks, Business Cycles, and the Disinflation Puzzle	2
Frictions in an Experimental Dynamic Stochastic General Equilibrium Economy	2
Markups, Tobin's q, and the Increasing Capital Share	2
Supply and Demand Effects of Bank Bailouts: Depositors Need Not Apply and Need Not Run	2
Responses to Eliminating Saving Commitments: Evidence from Mortgage Run‐offs	2
A New Approach to Estimating the Natural Rate of Interest	2
Labor Market Integration and Fiscal Competition	2
Chinese Exchange Rate Policy: Lessons for Global Investors	2
Does Gross or Net Debt Matter More for Emerging Market Spreads?	2
Lower Bound Uncertainty and Long‐Term Interest Rates	2
The Time‐Varying Response of Hours Worked to a Productivity Shock	2
Portfolio Selection under Systemic Risk	2
Superkurtosis	1
Dissecting Macroeconomic News	1
International Housing Markets and the U.S. Subprime Crisis	1
Consumption, Credit, and the Missing Young	1
Equilibrium Yield Curve, the Phillips Curve, and Monetary Policy	1
Uncertainty and the Bank of England's MPC	1
Capturing Macro‐Economic Tail Risks with Bayesian Vector Autoregressions	1
Aggregate Dynamics with Sectoral Price Stickiness Heterogeneity and Aggregate Real Shocks	1
Banks' Strategic Responses to Supervisory Coverage: Evidence from a Natural Experiment	1
In Search of a Risk‐Free Asset: Search Costs and Sticky Deposit Rates	1
Debt Overhang and Lack of Lender's Commitment	1
Downward Nominal Wage Rigidity and Inflation Dynamics during and after the Great Recession	1
Competitive Effects of IPOs: Evidence from Chinese Listing Suspensions	1
The Rationality Bias	1
Media Treatment of Monetary Policy Surprises and Their Impact on Firms' and Consumers' Expectations	1
Does the Government Spending Multiplier Depend on the Business Cycle?	1
	1
The Global Transmission of Real Economic Uncertainty	1
The Embodiment Controversy: On the Policy Implications of Vintage Capital Models	1
The Macroeconomic Expectations of U.S. Managers	1
Monetary Policy and Net Exports Externalities in the Small Open Economy	1
Cryptocurrency, Security, and Financial Intermediation	1
Housing and Tax Policy: Comment	1
A Model of QE, Reserve Demand, and the Money Multiplier	1
On the Controversy over the Origins of the Chicago Plan for 100% Reserves: Sorry, Frederick Soddy, it was Knight and (Most Probably) Simons!	1
Housing Boom‐Bust Cycles and Asymmetric Macroprudential Policy	1
The Social Value of Information: A Test of a Beauty and Nonbeauty Contest	1
How Does Monetary Policy Pass‐Through Affect Mortgage Default? Evidence from the Irish Mortgage Market	1
Government Bailout Funds: Balancing Rules and Discretion	1
Did High Leverage Render Small Businesses Vulnerable to the COVID‐19 Shock?	1
Countercyclical Foreign Currency Borrowing: Eurozone Firms in 2007–09	1
Rival Growth Prospects and Equity Prices: Evidence from Mass Layoff Announcements	1
Phillips Correlation and Price‐Change Distributions under Declining Trend Inflation	1
Incomplete Price Adjustment and Inflation Persistence	1
The Empirical Relevance of the Shadow Rate and the Zero Lower Bound	1
	1
Talking Over Time ‐ Dynamic Central Bank Communication	1
Are Some Forecasters Really Better than Others? A Note*	1
Optimal Provision of Costly Currency	1
The Optimal Inflation Rate with Discount Factor Heterogeneity	1
Collateral Framework: Liquidity Premia and Multiple Equilibria	1
The Size Distribution of the Banking Sector and Financial Fragility	1
Going the Extra Mile: Effort by Workers and Job‐Seekers	1
Calibrating the Magnitude of the Countercyclical Capital Buffer Using Market‐Based Stress Tests	1
Global Banks and Synthetic Funding: The Benefits of Foreign Relatives	1
Demographics, Monetary Policy, and the Zero Lower Bound	1
Labor Market Policies in a Deep Recession: Lessons from Hoover's Policies during the U.S. Great Depression	1
House Price Markups and Mortgage Defaults	1
Wealth, Portfolios, and Nonemployment Duration	1
	1
An Epidemiological Model of Economic Crisis Spread across Sectors in the United States	1
Treasury Safety, Liquidity, and Money Premium Dynamics: Evidence from Debt Limit Impasses	1
Credit Crunch and Downward Nominal Wage Rigidities	1
Managing Bubbles in Experimental Asset Markets with Monetary Policy	1
How Powerful Is Unannounced, Sterilized Foreign Exchange Intervention?	1
Estimating a Behavioral New Keynesian Model with the Zero Lower Bound	1
Fast Rises, Slow Declines: Asymmetric Unemployment Dynamics with Matching Frictions	1
Price Dispersion and the Costs of Inflation	1
Competition and Bank Payout Policy	1
General Purpose Technologies as Systematic Risk in Global Stock Markets	1
Digging Deeper—Evidence on the Effects of Macroprudential Policies from a New Database	1
Disagreeing during Deflations	1
Societal Benefit of Multiple Currencies	1
Demand Shocks for Public Debt in the Eurozone	1
Endogenous Growth, Skill Obsolescence, and Output Hysteresis in a New Keynesian Model with Unemployment	1
The Asymmetric Effect of Credit Supply on Firm‐Level Productivity Growth	1
How Does Monetary Policy Affect Welfare? Some New Estimates Using Data on Life Evaluation and Emotional Well‐Being	1
Argument by False Analogy: The Mistaken Classification of Bitcoin as Token Money	1
The Quality‐Weighted Matching Function: Did the German Labor Market Reforms Trade‐Off Efficiency against Job Quality?	1
Disagreement in Consumer Inflation Expectations	1
Can Cold Turkey Reduce Inflation Inertia? Evidence on Disinflation and Level‐k Thinking from a Laboratory Experiment	0
Forbearance versus Foreclosure in a General Equilibrium Model	0
Issue Information	0
Best Before? Expiring Central Bank Digital Currency and Loss Recovery	0
Aggregate Risk and Lending Decisions in the Interbank Market	0
Search Frictions, Labor Supply, and the Asymmetric Business Cycle	0
Gross Worker Flows over the Life Cycle	0
A Kinked‐Demand Theory of Price Rigidity	0