Special Issues

SJPE “Economic Policy During and After War” Special Issue Introduction

Oliver de Groot,  Serhiy Stepanchuk

MEASUREMENT

Macroeconomic Expectations in a War

Yuriy Gorodnichenko,  Vittal Vasudevan

Sparse Warcasting

Mihnea Constantinescu

Political Uncertainty and Credit Risk: The Role of Event Markets in Forecasting Ukraine's Sovereign Spreads

Mary Becker,  Zachary McGurk

GEOPOLITICAL RISK

The Effects of the War on Ukraine on Global Corporate Investment

Dario Caldara,  Mike McHenry,  Matteo Iacoviello,  Immo Schott

Geopolitical Risks and Monetary Policy: Effects of Global Versus Ukrainian Shocks

Hakan Yilmazkuday

A Simple Model of Geopolitical Risk and Sanctions

Vivien Lewis,  Sirikorn Puangjit

The Pressure Is on: How Geopolitical Tensions Impact Institutional Fiscal and External Stability Responses

António Afonso,  José Alves,  João Jalles,  Sofia Monteiro

Trade Effects of the Russia–Ukraine Conflict: Can Neutral Countries Really Fish in Troubled Waters?

Kazunobu Hayakawa,  Satoru Kumagai

MONETARY POLICY & FINANCIAL STABILITY

Foreign Exchange Regimes in (Normal Times and) Times of War: Insights From Ukraine

Oliver de Groot,  Yevhenii Skok

From Crisis to War: Cyclical Systemic Risk and Bank Profitability in Ukraine

Alona Johner,  Steven Ongena

TAX POLICY

€2 Gas! Tax Incidence Heterogeneity Under a War Time Tax Holiday

Giacomo Brusco,  Lorenzo Pessina,  Andrea Tulli

The Potential for Tax Reforms in Post-War Ukraine

Anna Abate Bessomo,  Arjen Siegmann,  Oksana Volkova

Guest editors’ introduction: Optimal monetary policy: Theory and practice
Oliver de Groot, Roberto Motto

Unconditionally optimal Ramsey policy
Tatiana Damjanovic, Vladislav Damjanovic, Charles Nolan

Uncertainty shocks, precautionary pricing, and optimal monetary policy
Daeha Cho, Yoonshin Han, Joonseok Oh, Anna Rogantini Picco

Imperfect credibility, sticky wages, and welfare
Ricardo Nunes, Donghyun Park, Luca Rondina

Monetary policy strategies in the New Normal: A model-based analysis for the euro area
Fabio Busetti, Stefano Neri, Alessandro Notarpietro, Massimiliano Pisani

Asymmetric monetary policy rules for the euro area and the US
Junior Maih, Falk Mazelis, Roberto Motto, Annukka Ristiniemi

Optimal monetary–fiscal policy in the euro area liquidity crisis

Pasquale Filiani

News-driven international credit cycles
Galip Kemal Ozhan