“The Effects of the Bank of Japan’s Zero Interest Rate Commitment and Quantitative Monetary Easing on the Yield Curve: A Macro-Finance Approach”, Bank of Japan Working Paper No.05-E-6. Ramey, Garey and Valerie A. Ramey (1995). “Cross-Country Evidence on the Link Between Volatility and Growth”, American Economic Review, 85(5), 1138–1151. Reifschneider, David L., and John C. Williams (2000). “Three Lessons for Monetary Policy in a Low Inflation Era”, Journal of Money, Credit and Banking, 32(4), 936–966. Rajan, Raghuram G. (2005). “Has Financial Development Made the World Riskier?”, in The Greenspan Era: Lessons for the Future, 313–370. Federal Reserve Bank of Kansas City: Kansas City. Shiratsuka, Shigenori (2009). “Size and Composition of the Central Bank Balance Sheet: Revisiting Japan’s Experience of the Quantitative Easing Policy”, Bank of Japan IMES Discussion Paper No. 2009-E-25. Svensson, Lars E. O. (1999). “Price-level Targeting versus Inflation Targeting: A Free Lunch?,” Journal of Money, Credit and Banking, 31(3), 277–295. Taylor, John B. (2007). “Housing and Monetary Policy” in Housing, Housing Finance and Monetary Policy, 463–476. Federal Reserve Bank of Kansas City: Kansas City. Taylor, John B. (2008). “The Costs and Benefits of Deviating from the Systematic Component of Monetary Policy”. Keynote Address at the Federal Reserve Bank of San Francisco Conference on Monetary Policy and Asset Markets, February 22, 2008. Tobin, James (1969). “A General Equilibrium Approach to Monetary Theory”, Journal of Money, Credit and Banking, 1, 15–29. Uhlig, Harald (2005). “What are the Effects of Monetary Policy on Output? Results from an Agnostic Identification Procedure”, Journal of Monetary Economics, 52, 381–419.

“How Should Monetary Policy Respond to Asset-Price Bubbles?” in A. Richards and T. Robinson, eds., Asset Prices and Monetary Policy, 260–280. Reserve Bank of Australia: Sydney. Heikensten, Lars (2009). “Inflation Targeting 20 Years On”, Presentation at 6th Norges Bank Monetary Policy conference, Oslo, June 12. Joyce, Michael, Ana Lasaosa, Ibrahim Stevens and Matthew Tong (2010). “The Financial Market Impact of Quantitative Easing,” Bank of England Working Paper No.393. Kamenik, Ondra, Heesun Kiem, Vladimir Klyuev and Douglas Laxton (2008). “Why is Canada’s Price Level So Predictable?” IMF Working Paper No.08/25. King, Mervyn A. (1999). “Challenges for Monetary Policy”, in New Challenges for Monetary Policy, 11–58. Federal Reserve Bank of Kansas: Kansas City. Levin, Andrew, Chien-Fu Lin and Chia-Shang James Chu (2002). “Unit Root Tests in Panel Data: Asymptotic and Finite-Sample Properties”, Journal of Econometrics, 108, 1–24. Meier, André. (2009). “Panacea, Curse, or Non-Event? Unconventional Monetary Policy in the United Kingdom”, IMF Working Paper No.09/163. 44  BIS Review 111/2010  Minsky, Hyman (1982). “The Financial-Instability Hypothesis: Capitalist Processes and the Behavior of the Economy” in Charles Kindleberger and Jean-Pierre Laffargue (eds. ), Financial Crises. Cambridge University Press: Cambridge. Neely, Christopher J. (2010). “The Large Scale Asset Purchases had Large International Effects”, Federal Reserve Bank of St.Louis Working Paper No.2010-018A. Obstfeld, Maurice, and Kenneth S. Rogoff (2009). “Global Imbalances and the Financial Crisis: Products of Common Causes”, Federal Reserve Bank of San Francisco Asia Economic policy Conference, 18–20 October. Oda, Nobuyuki, and Kazuo Ueda (2005).