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Home > Publications > Review > Past Issues > 1988
A journal of national and international economic developments, particularly
focusing on their monetary aspects.
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Are Trade Deficits a Problem? pp. 3-11 (PDF 869k)
by K. Alec Chrystal and
Geoffrey E. Wood
Protectionist Trade Policies: A Survey of Theory, Evidence and Rationale pp. 12-29 (PDF 4.5M)
by Cletus C. Coughlin,
K. Alec Chrystal, and
Geoffrey E. Wood
The Borrowed-Reserves Operating Procedures: Theory and Evidence pp. 30-54 (PDF 4.6M)
by Daniel L. Thornton
Farm Policy and Mandatory Supply Controls—The Case of Tobacco pp. 55-64 (PDF 1.1M)
by Kenneth C. Carraro
The FOMC in 1987: The Effects of a Falling Dollar and the Stock Market Collapse pp. 3-16 (PDF 4.2M)
by R. W. Hafer and
Joseph H. Haslag
The District Business Economy in 1987: The Expansion Continues pp. 17-28 (PDF 2.4M)
by Thomas B. Mandelbaum
The 1987 Agricultural Recovery: A District Perspective pp. 29-38 (PDF 2.2M)
by Kenneth C. Carraro
District Bank Performance in 1987: Bigger Is Not Necessarily Better pp. 39-48 (PDF 2.5M)
by Lynn M. Barry
Is Money Irrelevant? pp. 3-17 (PDF 3.2M)
by Gerald P. Dwyer, Jr. and
R. W. Hafer
The October Crash: Some Evidence on the Cascade Theory pp. 18-33 (PDF 4.5M)
by G.J. Santoni
The Competitive Nature of State Spending on the Promotion of Manufacturing Exports pp. 34-42 (PDF 1.8M)
by Cletus C. Coughlin
Money Demand and Inflation in Switzerland: An Application of the Pascal Lag Technique pp. 43-52 (PDF 2.2M)
by Tobias F. Rötheli
The Effect of Monetary Policy on Short-Term Interest Rates pp. 53-72 (PDF 6.9M)
by Daniel L. Thornton
Monetarism is Dead; Long Live the Quantity Theory pp. 3-18 (PDF 4.9M)
by William G. Dewald
Prospects for International Policy Coordination: Some Lessons from the EMS pp. 19-29 (PDF 2.6M)
by Michael T. Belongia
International Linkages in the Term Structure of Interest Rates pp. 30-43 (PDF 2.9M)
by Clemens J.M. Kool and
John A. Tatom
How Much Lower Can the Unemployment Rate Go? pp. 44-57 (PDF 3.1M)
by Keith M. Carlson
A Comparison of Proposals to Restructure the U.S. Financial System pp. 58-75 (PDF 4.5M)
by R. Alton Gilbert
Have U.S. Exports Been Larger than Reported? pp. 3-23 (PDF 6.2M)
by Mack Ott
Why Have State Per Capita Incomes Diverged Recently? pp. 24-36 (PDF 3.7M)
by Cletus C. Coughlin and
Thomas B. Mandelbaum
Testing the Expectations Model of the Term Structure: Some Conjectures on the Effects of Institutional Changes pp. 37-45 (PDF 1.5M)
by Michael T. Belongia and
Kees Koedijk
The Puzzling Growth of the Monetary Aggregates in the 1980's pp. 46-60 (PDF 3.8M)
by Albert E. Burger
Are National Stock Markets Linked? pp. 3-14 (PDF 2.8M)
by Gerald P. Dwyer, Jr. and
R. W. Hafer
Are Economic Forecasts by Government Agencies Biased? Accurate? pp. 15-23 (PDF 2.3M)
by Michael T. Belongia
The Link Between the Value of the Dollar, U.S. Trade and Manufacturing Output: Some Recent Evidence pp. 24-37 (PDF 2.5M)
by John A. Tatom
The Dubious Success of Export Subsidies for Wheat pp. 38-47 (PDF 1.3M)
by Cletus C. Coughlin and
Kenneth C. Carraro
The Macroeconomic Effects of Deficit Spending: A Review pp. 48-60 (PDF 1.4M)
by K. Alec Chrystal and
Daniel L. Thornton
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