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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 1972

Government Debt, Money and Economic Activity pp. 2-9 (PDF 1.4M)
by Kenneth Stewart

A Critical Look at Monetarist Economics pp. 10-25 (PDF 1.6M)
by Ronald L. Teigen

Comments on a Monetarist Approach to Demand Management pp. 26-32 (PDF 646k)
by Robert H. Rasche


FEBRUARY 1972

The Economy in 1972 pp. 2-12 (PDF 1.5M)
by Roger W. Spencer

Operations of the Federal Reserve Bank of St. Louis—1971 pp. 13-19 (PDF 887k)

Projecting With the St. Louis Model: A Progress Report pp. 20-27 (PDF 1.3M)
by Keith M. Carlson


MARCH 1972

The 1972 National Economic Plan: An Experiment in Fiscal Activism pp. 3-10 (PDF 1.4M)

Monetary Expansion and Federal Open Market Committee Operating Strategy in 1971 pp. 11-31 (PDF 3.2M)
by Albert E. Burger and Neil A. Stevens

Has Monetarism Failed?—The Record Examined pp. 32-38 (PDF 699k)
by Darryl R. Francis


APRIL 1972

Recent Monetary Growth pp. 3-7 (PDF 732k)
by Norman N. Bowsher

U.S. Balance-of-Payments Problems and Policies in 1971 pp. 8-15 (PDF 1.5M)
by Christopher Bach

Outlook for Farm Income and Food Prices pp. 16-22 (PDF 961k)
by Clifton B. Luttrell


MAY 1972

Curbing Price Expectations: The Key to Inflation Control pp. 2-9 (PDF 921k)
by Roger W. Spencer and Denis S. Karnosky

Measurement of the Domestic Money Stock pp. 10-23 (PDF 1.7M)
by Albert E. Burger and Anatol Balbach

Problems of the International Monetary System and Proposals for Reform—1944-70 pp. 24-32 (PDF 761k)
by Christopher Bach


JUNE 1972

Recovery Accelerates pp. 2-5 (PDF 291k)
by Norman N. Bowsher

Eighth District Population Centers pp. 6-7 (PDF 1.5M)

The Hunt Commission Report—An Economic View pp. 8-12 (PDF 456k)
by Clifton B. Luttrell

A Look at Ten Months of Price-Wage Control pp. 13-16 (PDF 311k)
by Leonall C. Andersen


JULY 1972

Will Capital Reflows Induce Domestic Interest Rate Changes? pp. 2-5 (PDF 283k)
by Anatol Balbach

Income and Expenses of Eighth District Member Banks—1971 pp. 6-10 (PDF 523k)
by Linda Faulkner Condit

A Review of Empirical Studies of the Money Supply Mechanism pp. 11-19 (PDF 1.3M)
by Robert H. Rasche


AUGUST 1972

RPDs and Other Reserve Operating Targets pp. 2-7 (PDF 622k)
by Charlotte E. Ruebling

An Appropriate International Currency—Gold, Dollars, or SDRs? pp. 8-19 (PDF 1.1M)
by Michael W. Keran


SEPTEMBER 1972

The Economy and Monetary Actions at Midyear: Review and Prospects pp. 2-5 (PDF 352k)

Trends and Fluctuations in Monetary Growth pp. 6-10 (PDF 704k)

Production, Prices, and Money in Four Industrial Countries pp. 11-15 (PDF 593k)


OCTOBER 1972

Meat Prices—Too High or About Right? pp. 3-9 (PDF 1.2M)
by Clifton B. Luttrell

Money Stock Control pp. 10-18 (PDF 866k)
by Albert E. Burger


NOVEMBER 1972

The Federal Budget: From Surplus to Deficit pp. 2-4 (PDF 440k)

The Economic Outlook pp. 5-8 (PDF 344k)
by Darryl R. Francis

Economic Expansion in the Central Mississippi Valley pp. 9-11 (PDF 296k)


DECEMBER 1972

1972—A Year of Rapid Economic Expansion pp. 2-10 (PDF 823k)
by Norman N. Bowsher

The Outlook for Changes in Federal Taxation pp. 11-14 (PDF 533k)
by Murray L. Weidenbaum


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