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The Federal Reserve Bank of St. Louis Review

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Past Issues 1969

JANUARY 1969

Saving Flows in the Current Expansion pp. 2-7 (PDF 735k)

Growth—Metropolitan vs. Nonmetropolitan Areas in the Central Mississippi Valley pp. 8-15 (PDF 1.4M)
by Clifton B. Luttrell and Claire Armentrout

FEBRUARY 1969

Stabilization Policy and Inflation pp. 2-6 (PDF 667k)

Operations of the Federal Reserve Bank of St. Louis—1968 pp. 7-14 (PDF 864k)

International Monetary Reform and the "Crawling Peg" pp. 15-23 (PDF 724k)
by George W. McKenzie

MARCH 1969

Restraining Inflation pp. 3-7 (PDF 1022k)

Relations Among Monetary Aggregates pp. 8-9 (PDF 184k)
by Jerry L. Jordan

A Program of Budget Restraint pp. 10-14 (PDF 863k)
by Keith M. Carlson

The Relation Between Prices and Employment: Two Views pp. 15-21 (PDF 831k)
by Roger W. Spencer

Farm Income Prospects pp. 22-24 (PDF 305k)

APRIL 1969

Monetary Actions, Credit Flows and Inflation pp. 2-5 (PDF 493k)

Monetary & Fiscal Actions: A Test of Their Relative Importance in Economic Stabilization

Comment pp. 6-11 (PDF 697k)
by Frank De Leeuw and John Kalchbrenner
Commentary for "Monetary & Fiscal Actions: A Test of Their Relative Importance in Economic Stabilization".

Reply pp. 12-16 (PDF 791k)
by Leonall C. Andersen and Jerry L. Jordan
Reply to "Monetary & Fiscal Actions: A Test of Their Relative Importance in Economic Stabilization".

Towards a Rational Exchange Policy: Some Reflections on the British Experience pp. 17-26 (PDF 1.3M)
by David C. Rowan

Member Bank Income - 1968 pp. 27-30 (PDF 560k)
by David C. Rowan and Jerry L. Jordan

MAY 1969

Restraining the Growth of Total Spending pp. 2-5 (PDF 625k)

Federal Open market Committee Decisions in 1968—A Year of Watchful Waiting pp. 6-15 (PDF 1.1M)
by Jerry L. Jordan and Charlotte E. Ruebling

Controlling Money pp. 16-24 (PDF 1M)
by Allan H. Meltzer

JUNE 1969

Real Growth and Prices pp. 2-6 (PDF 1.1M)

Monetary Policy and Inflation pp. 8-11 (PDF 380k)
by Darryl R. Francis

The Case for Flexible Exchange Rates, 1969 pp. 12-24 (PDF 1.2M)
by Harry G. Johnson

JULY 1969

Credit Flows and Recent Interest Rate Trends pp. 2-6 (PDF 1M)

An Explanation of Federal Reserve Actions (1933-68) pp. 7-20 (PDF 1.7M)
by Christopher T. Babb and Michael W. Keran

International Monetary Reform and the "Crawling Peg"
by Michael W. Keran and Christopher T. Babb

Comment pp. 21-25 (PDF 410k)
by J. Herbert Furth
Commentary for "International Monetary Reform and the 'Crawling Peg'".

Reply pp. 26-31 (PDF 484k)
by George W. McKenzie
Reply to "International Monetary Reform and the 'Crawling Peg'".

AUGUST 1969

Inflation Continues pp. 2-7 (PDF 902k)

The Influence of Economic Activity on the Money Stock

Comment pp. 8-14 (PDF 834k)
by Emanuel Melichar
Commentary for "The Influence of Economic Activity on the Money Stock".

Reply pp. 15-18 (PDF 346k)
by Michael W. Keran
Reply to "The Influence of Economic Activity on the Money Stock".

Additional Empirical Evidence on the Reverse-Causation Argument pp. 19-23 (PDF 779k)
by Leonall C. Andersen

Meat Prices pp. 24-28 (PDF 796k)
by Clifton B. Luttrell

SEPTEMBER 1969

Adjustment of Demand Deposit Series pp. 3 (PDF 75k)

Stabilization Actions in 1969—How Much Restraint? pp. 4-7 (PDF 620k)

Controlling Inflation pp. 8-12 (PDF 445k)
by Darryl R. Francis

A Historical Analysis of the Credit Crunch of 1966 pp. 13-30 (PDF 2.3M)
by Albert E. Burger

OCTOBER 1969

Recent Interest Rate Developments pp. 2-5 (PDF 472k)

Revision of the Money Supply Series pp. 6-9 (PDF 452k)
by Albert E. Burger

Elements of Money Stock Determination pp. 10-19 (PDF 1.4M)
by Jerry L. Jordan

NOVEMBER 1969

Progress in Controlling Inflation pp. 2-4 (PDF 436k)

Monetary and Fiscal Influences on Economic Activity—The Historical Evidence pp. 5-24 (PDF 3.3M)
by Michael W. Keran

The Effects of Inflation pp. 25-36 (PDF 1.8M)
by Albert E. Burger

DECEMBER 1969

1969—Battle Against Inflation pp. 2-12 (PDF 1.7M)
by Norman N. Bowsher

Selective Credit—No Substitute for Monetary Restraint pp. 13-17 (PDF 438k)
by Darryl R. Francis

Interest Rates and Price Level Changes, 1952-69 pp. 18-38 (PDF 2.9M)
by William P. Yohe and Denis S. Karnosky

Federal Reserve System Actions During 1969 pp. 39 (PDF 70k)

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