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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 1976

1975—Year of Economic Turmoil pp. 2-8 (PDF 538k)
by Norman N. Bowsher

Foreign Trade and Exchange Rate Movements in 1975 pp. 9-14 (PDF 855k)
by Hans H. Helbling

Food Production and Prices—Perspective and Outlook pp. 15-18 (PDF 501k)
by Clifton B. Luttrell


FEBRUARY 1976

Operations of the Federal Reserve Bank of St. Louis—1975 pp. 2-10 (PDF 742k)
by Jean M. Lovati

Outlook for Agriculture pp. 11-16 (PDF 600k)
by Clifton B. Luttrell


MARCH 1976

Recent Changes in Reserve Requirements: An Example of Contradictory Regulation pp. 2-7 (PDF 717k)
by R. Alton Gilbert

The FOMC in 1975: Announcing Monetary Targets pp. 8-22 (PDF 1.8M)
by Nancy Jianakoplos


APRIL 1976

The 1976 Economic Report and the Federal Budget: Toward a Long-Run Perspective pp. 2-11 (PDF 1.3M)
by Keith M. Carlson

A Mortgage Futures Market: Its Development, Uses, Benefits, and Costs pp. 12-19 (PDF 829k)
by Neil A. Stevens


MAY 1976

Food and Population: A Long View pp. 2-10 (PDF 978k)
by Clifton B. Luttrell

Preferred Habitat vs. Efficient Market: A Test of Alternative Hypotheses pp. 11-19 (PDF 1004k)
by Llad Phillips and John Pippenger


JUNE 1976

Inflation and the Economic Recovery pp. 2-10 (PDF 937k)
by Roger W. Spencer

Automobile Sales in Perspective pp. 11-16 (PDF 609k)
by James E. Turley

The Link Between Money and Prices—1971-76 pp. 17-23 (PDF 543k)
by Denis S. Karnosky


JULY 1976

Bank Financing of the Recovery pp. 2-9 (PDF 1.1M)
by R. Alton Gilbert

An Explanation of Movements in Short-Term Interest Rates pp. 10-22 (PDF 1.4M)
by Albert E. Burger


AUGUST 1976

Income and Expenses of the Eighth District Member Banks: 1975 pp. 2-6 (PDF 584k)
by Jean M. Lovati

The U.S. Dollar in International Markets: Mid-1970 to Mid-1976 pp. 7-14 (PDF 1.4M)
by Donald S. Kemp

Housing: A Cyclical Industry on the Upswing pp. 15-20 (PDF 602k)
by Neil A. Stevens


SEPTEMBER 1976

The Unemployment Rate as an Economic Indicator pp. 2-9 (PDF 872k)
by Jean M. Lovati

Development of Electronic Funds Transfer Systems pp. 10-18 (PDF 2.4M)
by William C. Niblack


OCTOBER 1976

Large Federal Budget Deficits: Perspectives and Prospects pp. 2-7 (PDF 587k)
by Keith M. Carlson

Economic Activity in Ten Major Industrial Countries: Late 1973 through Mid-1976 pp. 8-15 (PDF 1.6M)
by Donald S. Kemp


NOVEMBER 1976

Derivation of the Monetary Base pp. 2-8 (PDF 531k)
by Anatol Balbach and Albert E. Burger

The Welfare Cost of Inflation pp. 9-22 (PDF 1M)
by John A. Tatom


DECEMBER 1976

Economic Pause—Some Perspective and Interpretation pp. 2-7 (PDF 452k)
by Neil A. Stevens and James E. Turley

U.S. International Trade and Financial Developments in 1976 pp. 8-14 (PDF 724k)
by Donald S. Kemp


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