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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 1979

The "Danger" From Foreign Ownership of U.S. Farmland pp. 2-9 (PDF 890k)
by Clifton B. Luttrell

Disintermediation: An Old Disorder With A New Remedy pp. 10-15 (PDF 658k)
by R. Alton Gilbert and Jean M. Lovati

Operations of the Federal Reserve Bank of St. Louis—1978 pp. 16-23 (PDF 699k)
by A. Clifford Saxton, Jr.

Alternative Policies to Combat Inflation

Proceedings of the Third Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis

Foreword pp. 1-5 (PDF 167k)
by Murray L. Weidenbaum

Keynote Address

The Commitment to Permanent Information pp. 7-42 (PDF 1.3M)
by Karl Brunner

Major Papers

Inflation -- Causes, Cures and Placebos pp. 43-51 (PDF 337k)
by Beryl M. Sprinkel

TIP for Inflation: Why and How pp. 53-85 (PDF 1.2M)
by Sidney Weintraub

Inflation: Imperfect Markets and Government Policy pp. 87-98 (PDF 370k)
by Robert R. Nathan

Supplemental Papers

Reconciling Monetary Policy and the Institutional Structure pp. 99-103 (PDF 152k)
by Murray L. Weidenbaum

The Government's Stake in Economic Instability pp. 105-110 (PDF 197k)
by Paul Craig Roberts

Discussion Papers

Comments on "Inflation -- Causes, Cures Placebos" pp. 111-114 (PDF 161k)
by Charles Webster

Comments on "TIP for Inflation: Why and How" pp. 115-119 (PDF 200k)
by Denis S. Karnosky


FEBRUARY 1979

Automatic Transfers and the Money Supply Process pp. 2-10 (PDF 881k)
by John A. Tatom and Richard W. Lang

Economic Developments in 1978 pp. 11-18 (PDF 846k)
by Michael E. Trebing

1979 Food and Agricultural Outlook pp. 19-24 (PDF 524k)
by Neil A. Stevens and Clifton B. Luttrell


MARCH 1979

The FOMC in 1978: Clarifying the Role of the Aggregates pp. 2-24 (PDF 2.6M)
by Richard W. Lang

Benefits of Borrowing from the Federal Reserve When the Discount Rate is Below Interest Rates pp. 25-32 (PDF 1.1M)
by R. Alton Gilbert


APRIL 1979

Formulating Economic Policy for 1979 and Beyond: Old Problems and New Constraints pp. 2-9 (PDF 1.4M)
by Keith M. Carlson

Do Floating Ceilings Solve the Usury Rate Problem? pp. 10-19 (PDF 1.1M)
by Jean M. Lovati and R. Alton Gilbert

Did Discount Rate Changes Affect the Foreign Exchange Value of the Dollar During 1978? pp. 20-26 (PDF 930k)
by Douglas R. Mudd


MAY 1979

Energy Prices and Capital Formation: 1972-1977 pp. 2-11 (PDF 912k)
by John A. Tatom

Monetary Targets—Their Contribution to Policy Formation pp. 12-15 (PDF 373k)
by Lawrence Roos


JUNE 1979

Alternative Measures of the Monetary Base pp. 3-8 (PDF 1.6M)
by Albert E. Burger

Do Rising U.S. Interest Rates Imply a Stronger Dollar? pp. 9-13 (PDF 366k)
by Douglas R. Mudd


JULY 1979

Rising Farm Exports and International Trade Policies pp. 3-10 (PDF 981k)
by Clifton B. Luttrell

Government Debt Financing—Its Effects in View of Tax Discounting pp. 11-19 (PDF 828k)
by Neil A. Stevens


AUGUST 1979

Inflation and Personal Saving: An Update pp. 3-9 (PDF 718k)
by Claudia R. Campbell and Jean M. Lovati

Does Eurodollar Borrowing Improve the Dollar's Exchange Value pp. 10-16 (PDF 630k)
by David H. Resler


SEPTEMBER 1979

The Productivity Problem pp. 3-16 (PDF 1.4M)
by John A. Tatom

Repurchase Agreements pp. 17-22 (PDF 560k)
by Norman N. Bowsher


OCTOBER 1979

TTL Note Accounts and the Money Supply Process pp. 3-14 (PDF 1.1M)
by Richard W. Lang

Explaining the Economic Slowdown of 1979: A Supply and Demand Approach pp. 15-22 (PDF 724k)
by Keith M. Carlson


NOVEMBER 1979

Money Stock Control Under Alternative Definitions of Money pp. 3-9 (PDF 798k)
by John A. Tatom

Federal Agency Debt: Another Side of the Federal Borrowing pp. 10-19 (PDF 1.1M)
by David H. Resler and Richard W. Lang


DECEMBER 1979

Evidence on the Temporal Stability of the Demand for Money Relationship in the United States pp. 3-14 (PDF 1.7M)
by R. W. Hafer and Scott E. Hein

Outlook for Food and Agriculture—1980 pp. 15-23 (PDF 1.3M)
by Neil A. Stevens and Clifton B. Luttrell


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