International Journal of Central Banking


The International Journal of Central Banking is an open-access economic research journal that began publication in 2005 after the decision of several Central Banks to create a professional journal for policymakers and researchers in the field of monetary policy. In July 2004, the Bank for International Settlements, the European Central Bank, and each of the Group of Ten central banks announced their plans to support the development of a new publication focused on central bank theory and practice. Other central banks were invited to participate in this joint project, and there are now some 50 sponsoring institutions.
The primary objectives of the IJCB are to widely disseminate the best policy-relevant and applied research on central banking and to promote communication among researchers both inside and outside of central banks.
Federal Reserve Vice Chairman Roger W. Ferguson Jr. first proposed the idea of such a journal and discussed the concept with several BIS colleagues and with Federal Reserve Board Governor Ben S. Bernanke, who served as the initial managing editor. John B. Taylor, Professor of Economics at Stanford University, was appointed managing editor in September 2005. Frank Smets of the European Central Bank became managing editor in January 2008. John Williams of the Federal Reserve Bank of San Francisco took over as managing editor in January 2011. Loretta J. Mester of the Federal Reserve Bank of Cleveland took over as managing editor in June 2016. Luc Laeven of the European Central Bank became managing editor in January 2020. Bank of England Chief Economist Charlie Bean strongly supported the project, and the journal's governing body, comprising representatives from the sponsoring institutions, was established. The current managing editor is Christopher J. Waller, from the board of governors of the Federal Reserve System.
Retraction Watch reports that the journal has been victim of hijacking, with the imposter website setup at https://ijocb.org/.

Abstracting and indexing

The journal is indexed and abstracted in the following bibliographic databases:
According to Scopus, the journal has a 2024 CiteScore of 2.3, ranking 172th out of 317 journal in the category "Finance".
According to Raphael Auer, Giulio Cornelli and Christian Zimmermann, the journal is the most influential journal of economics published by policy institutions, followed by BIS Quarterly Review and IMF Economic Review.

Annual conference

The journal organizes the Annual IJCB Research Conference, which focuses on a difference theme every year.
ThemeHostDate
Assessing the Effectiveness of Monetary Policy during and after the COVID-19 PandemicCzech National Bank23–24 June 2025
The Transmission of Monetary Policy in the Post-Pandemic WorldBank of Italy24–25 June 2024
Global Supply Shocks, Trade Frictions, and InflationCentral Bank of Ireland22–23 June 2023
The New Financial Landscape for Central BanksBank of Canada10–11 August 2022
The Macroeconomic Consequences of COVID-19Bank of Korea and European Central Bank9–10 August 2021
Structural changes in the financial system: new theory and evidenceDanmarks Nationalbank and European Central Bank20–21 August 2020
Commodity Prices and Monetary Policy: New Theory and EvidenceNorges Bank4–5 June 2019
Ten Years after the Global Financial Crisis: What Have We Learned about Ensuring Financial StabilityDe Nederlandsche Bank25–26 June 2018
The Interplay between Monetary Policy and Fiscal PolicyCzech National Bank19–20 June 2017
Challenges to Financial Stability in a Low Interest Rate WorldFederal Reserve Bank of San Francisco21–22 November 2016
Challenges to Achieving Price StabilityBank of Mexico23–24 November 2015
Reflections on 25 Years of Inflation TargetingReserve Bank of New Zealand1–3 December 2014
Policies for Macroeconomic and Financial StabilityFederal Reserve Bank of Philadelphia26–27 September 2014
Inflation Targeting and Its DiscontentsNational Bank of Poland6–7 September 2013
New Frameworks for Monetary Policy Analysis in an Era of CrisesCentral Bank of Chile27–28 September 2012
Financial Crises: Causes, Consequences and Policy OptionsHong Kong Monetary Authority17–18 May 2012
Monetary Policy Issues in Open EconomiesBank of Canada29–30 September 2011
The Real and Financial Effects of Basel IIIBank of England26–27 May 2011
Monetary Policy Lessons from the Global CrisisBank of Japan16–17 September 2010
The Theory and Practice of Macro-Prudential RegulationBank of Spain17–18 June 2010
Monetary Policy Challenges in a Global EconomyBank of France24–25 September 2009
Provision and Pricing of Liquidity InsuranceFederal Reserve Bank of New York11–12 June 2009

Sponsoring institution

The journal is sponsored by over 50 central banks: