Search Results

Our "Shrinking" Farmland: Mirage or Potential Crisis? - Review

Each year, more American farmland is being converted to nonfarm uses such as highways, houses, airports, and shopping centers. This development has engendered fear that the decline in farmland will eventually produce a severe crisis for U.S. food production. 

research.stlouisfed.org/.../review/1980/10/01/our-shrinking-farmland-mirage-or-potential-crisis

Rise and Fall of Interest Rates - Review

Market interest rates have moved over a wide range since mid-1979. In the last half of 1979 and in the first three months of 1980, interest rates rose to unprecedented levels. Rates on highest grade corporate bonds, for example, increased from 9.3 percent in June 1979 to 13 percent in March 1980. 

research.stlouisfed.org/publications/review/1980/08/01/rise-and-fall-of-interest-rates

Flexible Exchange Rates and Monetary Policy: A Discussion of the Frenkel and Heller Papers - Review

David Laidler discusses the paper “Flexible Exchange Rates in the 1970s” by Jacob A. Frenkel, included in this conference issue.

research.stlouisfed.org/.../

Flexible Exchange Rates in the 1970s - Review

Jacob Frenkel sets forth the way in which the asset market or monetary approach to exchange rate determination helps to explain flexible exchange rates, particularly the observed volatility in exchange rates and the relation between exchange rates and both domestic and foreign interest rates and price levels.

research.stlouisfed.org/publications/review/1980/04/01/flexible-exchange-rates-in-the-1970s

Empirical Evidence on the Effects of Stabilization Policy - Review

Laurence H. Meyer and Robert H. Rasche begin with a survey of monetary and fiscal multipliers, which are examined both across various large-scale macroeconometric models and simple reduced forms, and over time, to assess the degree of consensus and the nature of the evolution in policy multipliers as the various macroeconometric models have been refined.

research.stlouisfed.org/.../1980/04/01/empirical-evidence-on-the-effects-of-stabilization-policy