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The Federal Reserve Bank of St. Louis Review

A journal of national and international economic developments, particularly focusing on their monetary aspects.

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JANUARY 1973

Interest Rates and Monetary Growth pp. 2-11 (PDF 1M)
by Jerry L. Jordan

Summary of Monetary Developments and System Policy Actions in 1972 pp. 12-13 (PDF 115k)

Fiscal and Monetary Policy: Opportunities and Problems pp. 14-18 (PDF 417k)
by William E. Gibson


FEBRUARY 1973

Business Recovery Continues pp. 2-7 (PDF 586k)
by Roger W. Spencer

Relative Movements in Wages and Profits pp. 8-16 (PDF 868k)
by Albert E. Burger

Operations of the Federal Reserve Bank of St. Louis—1972 pp. 17-24 (PDF 1M)
by William C. Niblack


MARCH 1973

The 1973 National Economic Plan: Slowing the Boom pp. 2-9 (PDF 1.3M)
by Keith M. Carlson

FOMC Policy Actions in 1972 pp. 10-24 (PDF 2M)
by Jerry L. Jordan


APRIL 1973

The National Plans to Curb Unemployment and Inflation pp. 2-13 (PDF 1.4M)
by Roger W. Spencer

Foreign Exchange and U.S. Balance-of-Payments Developments in 1972 and Early 1973 pp. 14-20 (PDF 1.1M)
by Christopher Bach


MAY 1973

Spending, Prices, and Employment in Early 1973 pp. 2-6 (PDF 394k)

The Usefulness of Applied Econometrics to the Policymaker pp. 7-10 (PDF 348k)
by Darryl R. Francis

Food and Agriculture in 1973 pp. 11-16 (PDF 618k)
by Clifton B. Luttrell

Meat Prices pp. 17-20 (PDF 363k)


JUNE 1973

Strong Credit Demands, But No "Crunch" in Early 1973 pp. 2-10 (PDF 769k)
by Roger W. Spencer

The Problem of Re-Entry to a High-Employment Economy pp. 11-14 (PDF 347k)
by Darryl R. Francis

The Response of the Mexican Economy to Policy Actions pp. 15-23 (PDF 1.3M)
by Gilberto Escobedo


JULY 1973

Problems of Interpreting Recent Monetary Developments pp. 2-7 (PDF 680k)
by Darryl R. Francis

Formulating a Model of the Mexican Economy pp. 8-19 (PDF 1.4M)
by Gilberto Escobedo


AUGUST 1973

Business Developments and Stabilization Policies pp. 3-8 (PDF 525k)

Employment Growth in St. Louis pp. 9-15 (PDF 917k)
by R. Alton Gilbert

Income and Expenses of Eighth District Member Banks pp. 16-22 (PDF 700k)
by R. Alton Gilbert


SEPTEMBER 1973

The State of the Monetarist Debate pp. 2-8 (PDF 632k)
by Leonall C. Andersen

Commentary on "The State of the Monetarist Debate" pp. 9-14 (PDF 475k)
by Lawrence R. Klien and Karl Brunner

A Value Added Tax and Factors Affecting Its Economic Impact pp. 15-19 (PDF 399k)
by Charlotte E. Ruebling


OCTOBER 1973

The Russian Wheat Deal—Hindsight vs. Foresight pp. 2-9 (PDF 1.3M)
by Clifton B. Luttrell

Foreign Investment in the United States—A Danger to Our Welfare and Sovereignty? pp. 10-13 (PDF 274k)
by Anatol Balbach

Economic Issues in 1974 pp. 14-19 (PDF 499k)
by Darryl R. Francis


NOVEMBER 1973

Third Quarter Business Developments pp. 2-5 (PDF 323k)

Balance-of-Payments Deficits: Measurement and Interpretation pp. 6-14 (PDF 994k)
by John Pippenger

Letter on Monetary Policy pp. 15-22 (PDF 877k)
by Arthur F. Burns


DECEMBER 1973

1973—A Year on Inflation pp. 2-14 (PDF 1.1M)
by Norman N. Bowsher

A Comparative Static Analysis of Some Monetarist Propositions pp. 15-23 (PDF 713k)
by Robert H. Rasche


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