Inflation Dynamics and the Cost Channel of Monetary Transmission Chowdhury I., Hoffmann M., Schabert A.

Do speculative traders anticipate or follow USD/EUR exchange rate movements? New evidence on the efficiency of the EUR currency futures market Hossfeld O., Röthig A.

International Trade and Retail Market Performance and Structure: Theory and Empirical Evidence Meinen P., Raff H.

Choosing and using payment instruments: evidence from German microdata von Kalckreuth U., Schmidt T., Stix H.

Macroeconomic factors and micro-level bank behavior Buch C. M., Eickmeier S., Prieto E.

The Fay-Herriot model for multiply imputed data with an application to regional wealth estimation in Germany Kreutzmann A., Marek P., Runge M., Salvati N., Schmid T.

Extra Credit: Bank Finance and Firm Export Status in Germany Goldbach S., Nitsch V.

Pitfalls in the use of systemic risk measures Löffler G., Raupach P.

Trend Growth Expectations and U.S. House Prices before and after the Crisis Hoffmann M., Krause U., Laubach T.

The rise of the added worker effect Mankart J., Oikonomou R.