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Home > Publications > Review > Past Issues > 1978
A journal of national and international economic developments, particularly
focusing on their monetary aspects.
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Inflation and Taxes: Disincentives for Capital Formation pp. 2-8 (PDF 714k)
by John A. Tatom and
James E. Turley
International Reserves and the Role of Special Drawing Rights pp. 9-14 (PDF 498k)
by Douglas R. Mudd
Outlook for Food and Agriculture pp. 15-88 (PDF 826k)
by Clifton B. Luttrell and
Neil A. Stevens
The Mechanics of Intervention in Exchange Markets pp. 2-7 (PDF 925k)
by Anatol Balbach
A Tax-Based Incomes Policy (TIP): What's It All About? pp. 8-12 (PDF 398k)
by Nancy Jianakoplos
Does the St. Louis Equation Now Believe in Fiscal Policy? pp. 13-19 (PDF 659k)
by Keith M. Carlson
The Federal Open Market Committee in 1977 pp. 2-21 (PDF 1.9M)
by Richard W. Lang
Bank Reserve Requirements and Their Enforcement: A Comparison Across Streets pp. 22-32 (PDF 1.4M)
by R. Alton Gilbert and
Jean M. Lovati
The Recent U.S. Trade Deficit - No Cause for Panic pp. 2-7 (PDF 593k)
by Geoffrey E. Wood and
Douglas R. Mudd
Have Multibank Holding Companies Affected Commercial Bank Performance? pp. 8-15 (PDF 703k)
by Norman N. Bowsher
Operations of the Federal Reserve Bank of St. Louis—1977 pp. 16-23 (PDF 618k)
by Paul A. Watkins, Jr.
A Perspective on the Economy: Three Years of Expansion pp. 2-7 (PDF 548k)
by Jean M. Lovati
Comparing Per Capita Output Internationally: Has the United States Been Overtaken? pp. 8-15 (PDF 1.3M)
by Jai-Hoon Yang
Rising Farmland Prices and Falling Farm Earnings: Is Agriculture in Touble? pp. 16-20 (PDF 386k)
by Neil A. Stevens
Imports and Jobs—The Observed and the Unobserved pp. 2-10 (PDF 873k)
by Clifton B. Luttrell
Benchmark Revisions of the Money Stock and Ranges of Money Stock Growth pp. 11-19 (PDF 1M)
by Richard W. Lang
Pitfalls to the Current Expansion pp. 2-8 (PDF 561k)
by Neil A. Stevens
Does the Federal Reserve Invest Member Bank Reserves? pp. 9-10 (PDF 162k)
by Albert E. Burger
Coordinated International Economic Expansion: Are Convoys or Locomotives the Answer? pp. 11-19 (PDF 934k)
by Geoffrey E. Wood and
Nancy Jianakoplos
Oil Imports and the Fall of the Dollar pp. 2-6 (PDF 434k)
by Geoffrey E. Wood and
Douglas R. Mudd
An Explanion of Movements in the Labor Force Participation Rate, 1957-76 pp. 7-21 (PDF 1.4M)
by Leonall C. Andersen
Money-Income Relationships and the Exchange Rate Regime pp. 22-27 (PDF 602k)
by Geoffrey E. Wood and
Terry C. Mills
Inflation, Unemployment, and Money: Comparing the Evidence from Two Simple Models pp. 2-6 (PDF 801k)
by Keith M. Carlson
Does the Stage of the Business Cycle Affect the Inflation Rate? pp. 7-15 (PDF 1009k)
by John A. Tatom
Effectiveness of State Reserve Requirements pp. 16-28 (PDF 1.8M)
by R. Alton Gilbert
Taxation of Capital Gains: Principle Versus Practice pp. 2-8 (PDF 578k)
by Neil A. Stevens
Budget Deficits and Trade Deficits: Is there a Link? pp. 9-15 (PDF 896k)
by Jai-Hoon Yang
Economic Growth and Unemployment: A Reappraisal of the Conventional View pp. 16-22 (PDF 810k)
by John A. Tatom
Movements in the Foreign Exchange Value of the Dollar During the Current U.S. Expansion pp. 2-7 (PDF 525k)
by Douglas R. Mudd
Commentary on the Monetary Economics: An Interview with Karl Brunner pp. 8-12 (PDF 435k)
The Economic Consequences of Wage-Price Guidelines pp. 2-7 (PDF 754k)
by Michael E. Trebing
Is Inflation All Due to Money? pp. 8-12 (PDF 503k)
by Albert E. Burger
Are Preliminary Week-to-Week Fluctuations in M1 Biased? pp. 13-20 (PDF 1.1M)
by Courtenay C. Stone and
Jeffrey B. C. Olson
A Comparison of Yields On Future Contracts and Implied Forward Rates pp. 21-30 (PDF 1.1M)
by Richard W. Lang and
Robert H. Rasche
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