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Federal Reserve Bank of St. Louis Review

A quarterly research journal intended for an economically informed but broad readership—from the undergraduate student to the PhD. In print and online.




What Really Happened to Interest Rates?: A Longer-Run Analysis

Trends in Federal Spending: 1955-86



Lessons We Can Learn

Much Ado About M2



Grain Export Agreements—No Gains, No Losses



Why the Median-Priced Home Costs So Much

Inflation: The Cost-Push Myth


MAY 1981

We Are All Supply-Siders Now!

Trends in Federal Revenues: 1955-86

The Supply-Side Effects of Economic Policy

Proceedings of the Fifth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis Laurence H. Meyer, ed.

Foreword and Acknowledgement

Part I: Theory and Evidence

Tax Rates, Factor Employment, and Market Production

Thoughts on the Laffer Curve

Discussion of the Evans Paper

Discussion of the Evans Paper

Part II: Saving and Investment

Tax Policy and Corporate Investment

Discussion of the Sumnmers Paper

Part III: Labor Supply and the Natural Rate of Unemployment

Income and Payroll Tax Policy and Labor Supply

Transfers, Taxes and the NAIRU

Discussion of the Hausman Paper

Discussion of the Hamermesh Paper

Part IV: Luncheon and Dinner Speeches

The Politic of Supply-Side Economics


APRIL 1981

How Controllable is Money Growth

Foreign Exchange Markets: The Dollar in 1980


MARCH 1981

Deficits and Inflation

Navigating Through the Interest Rate Morass: Some Basic Principles

Recent Revisions of GNP





Unreal Estimates of the Real Rate of Interest

Outlook for Food and Agriculture in 1981


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