September 2008 issue contents

Monetary Policy in a Monetary Union: What Role for Regional Information?
  by Paolo Angelini, Paolo Del Giovane, Stefano Siviero and Daniele Terlizzese

Capital Requirements and Bank Behavior in the Early 1990s: Cross-Country Evidence
  by Patrick Van Roy

Inflation Threshold and Relative Price Variability: Evidence from U.S. Cities
  by Alexander Bick and Dieter Nautz

Incomplete Interest Rate Pass-Through and Optimal Monetary Policy
  by Teruyoshi Kobayashi

The Role of the Chairman in Setting Monetary Policy: Individualistic vs. Autocratically Collegial MPCs
  by Petra Gerlach-Kristen

The Expected Interest Rate Path: Alignment of Expectations vs. Creative Opacity
  by Pierre Gosselin, Aileen Lotz and Charles Wyplosz