May 18, 2005 The Bank of Canada, along with the other sponsoring organizations1 of the International Journal of Central Banking (IJCB), today announced the publication of the journal's first issue and the launch of a website, hosted by the Bank for International Settlements. The IJCB, a new quarterly publication, features articles on central bank theory and practice, with a special emphasis on research relating to monetary and financial stability. The IJCB website provides additional information about the journal, as well as free access to journal articles. A list of articles appearing in the premiere issue is attached. A list of the members of the journal's editorial board and associate editors, who are drawn from both inside and outside of central banking, also is attached. Subscribers to the printed version of the journal will receive this year's issues at no cost. Beginning in 2006, print subscriptions will be available for an annual fee of US$100. Subscription orders may be placed online at www.ijcb.org, or by phone (202-452-3245), fax (202-728-5886), or email (BDM-IJCB-Editor@frb.gov). Written correspondence should be directed to IJCB Publications Fulfillment, Mail Stop 127, Board of Governors of the Federal Reserve System, Washington, DC 20551. 1. Bank of Algeria, National Bank of Belgium, Central Bank of Brazil, People's Bank of China, Bank of England, European Central Bank, Bank of France, Deutsche Bundesbank, Bank of Greece, Hong Kong Monetary Authority, Central Bank of Iceland, Bank of Italy, Bank of Japan, Netherlands Bank, Norges Bank, Bank of Portugal, Central Bank of Russian Federation, Monetary Authority of Singapore, Bank of Spain, Sveriges Riksbank, Swiss National Bank, Central Bank of Turkey, Federal Reserve Board, Bank for International Settlements. Contents of the Premiere Issue of the International Journal of Central Banking "Monetary Policy with Judgment: Forecast Targeting" Lars E.O. Svensson "Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements" Refet S. Gurkaynak, Brian Sack, and Eric Swanson "The Performance and Robustness of Interest-Rate Rules in Models of the Euro Area" Ramon Adalid, Günter Coenen, Peter McAdam, and Stefano Siviero "Monetary Policy Neglect and the Great Inflation in Canada, Australia, and New Zealand" Edward Nelson "Committees Versus Individuals: An Experimental Analysis of Monetary Policy Decision-Making" Clare Lombardelli, James Proudman, and James Talbot "Exchange Rate Volatility and the Credit Channel in Emerging Markets: A Vertical Perspective" Ricardo Caballero and Arvind Krishnamurthy International Journal of Central Banking Co-editors Hyun Shin, professor of finance at the London School of Economics Michael Woodford, the John Bates Clark Professor of Political Economy and co-director of the Program for Economic Research at Columbia University Frank Smets, European Central Bank economist Kazuo Ueda, Professor, Faculty of Economics, University of Tokyo Associate Editors Viral Acharya Assistant Professor of Finance London Business School Carmen Reinhart Professor of Economics, Department of Economics University of Maryland Franklin Allen Nippon Life Professor of Finance and Economics The Wharton School of the University of Pennsylvania Guy Debelle Head, International Department Reserve Bank of Australia Douglas Diamond Merton H. Miller Distinguished Service Professor of Finance University of Chicago Graduate School of Business Michael Dotsey Vice President and Senior Economic Policy Advisor Philadelphia Federal Reserve Douglas Gale Professor of Economics New York University Jordi Galí Professor, Department of Economics Universitat Pompeu Fabra Michael Gordy Senior Economist, Division of Research and Statistics Federal Reserve Board Marvin Goodfriend Senior Vice President and Policy Advisor Federal Reserve Bank of Richmond Luigi Guiso Visiting Professor of Economics University of Chicago Graduate School of Business Charles Goodhart Deputy Director, Financial Markets Group London School of Economics Rafael Repullo Professor of Economics and Director Centro de Estudios Monetarios y Financieros (CEMFI) Andrew Haldane Head of Division, Market Infrastructure, Market Stability Bank of England Eli Remolona Deputy Chief Representative Representative Office for Asia & the Pacific Bank for International Settlements Takatoshi Ito Professor, Faculty of Economics (Graduate School) University of Tokyo Michael Bordo Professor of Economics Rutgers University Andrew Levin Senior Economist, Division of Monetary Affairs Federal Reserve Board Michael Devereux Professor, Department of Economics University of British Columbia Francesco Lippi Economist, Research Department Bank of Italy Olivier Jeanne Economist, Research Department International Monetary Fund Klaus Schmidt-Hebbel Manager of Economic Research Bank of Chile Andrew Rose B.T. Rocca Professor, Economic Analysis and Policy Haas School of Business, University of California, Berkeley Lars Svensson Professor of Economics Princeton University Philip Lane Professor of International Macroeconomics and Director of the Institute for International Integration Studies Trinity College Dublin Juergen von Hagen Professor of Economics and Director, Center for European Integration Studies University of Bonn - 30 - Contact: Jeremy Harrison Tel.: (613) 782-8782
