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Past Issues 1981

JANUARY 1981

Energy Prices and Short-Run Economic Performance pp. 3-17 (PDF 1.3M)
by John A. Tatom

Unreal Estimates of the Real Rate of Interest pp. 18-26 (PDF 869k)
by W. W. Brown and G.J. Santoni

Outlook for Food and Agriculture in 1981 pp. 27-32 (PDF 493k)
by Neil A. Stevens

FEBRUARY 1981

The New Bank-Thrift Competition: Will It Affect Bank Acquisition and Merger Analysis? pp. 3-11 (PDF 1.1M)
by Michael E. Trebing

Selecting a Monetary Indicator: A Test of the New Monetary Aggregates pp. 12-18 (PDF 919k)
by R. W. Hafer

MARCH 1981

Deficits and Inflation pp. 3-10 (PDF 671k)
by Scott E. Hein

Navigating Through the Interest Rate Morass: Some Basic Principles pp. 11-18 (PDF 715k)
by G.J. Santoni and Courtenay C. Stone

The Impact of Energy Prices and Money Growth on Five Industrial Countries pp. 19-26 (PDF 712k)
by R. W. Hafer

Recent Revisions of GNP pp. 27-32 (PDF 1M)
by Keith M. Carlson

APRIL 1981

How Controllable is Money Growth pp. 3-12 (PDF 1.2M)
by Anatol Balbach

A Bushel of Wheat for a Barrel of Oil: Can We Offset OPEC's Gain With a Grain Cartel pp. 13-21 (PDF 1.2M)
by Clifton B. Luttrell

Foreign Exchange Markets: The Dollar in 1980 pp. 22-30 (PDF 1M)
by Dallas S. Batten

MAY 1981

The Classical Gold Standard: Some Lessons for Today pp. 2-17 (PDF 1.8M)
by Michael D. Bordo

We Are All Supply-Siders Now! pp. 18-30 (PDF 1M)
by John A. Tatom

Trends in Federal Revenues: 1955-86 pp. 31-39 (PDF 1M)
by Keith M. Carlson

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 pp. vii-xii (PDF 241k)
by Laurence H. Meyer

Part I: Theory and Evidence

Part I: Complete File (PDF 3.6M)

Tax Rates, Factor Employment, and Market Production pp. 3-32 (PDF 952k)
by Victor A. Canto, Douglas H. Joines, and Arthur B. Laffer

An Econometric Model Incorporating the Supply-Side Effects of Economic Policy pp. 33-80 (PDF 1.7M)
by Michael K. Evans

Thoughts on the Laffer Curve pp. 81-92 (PDF 383k)
by Alan S. Blinder

Discussion of the Evans Paper pp. 93-101 (PDF 259k)
by Steven Braun

Discussion of the Evans Paper pp. 103-111 (PDF 344k)
by Albert Ando

Part II: Saving and Investment

Part II: Complete File (PDF 2M)

Tax Policy and Corporate Investment pp. 115-148 (PDF 1.2M)
by Lawrence H. Summers

Estimates of Investment Functions and Some Implications for Productivity Growth pp. 149-163 (PDF 532k)
by Patric H. Hendershott

Discussion of the Sumnmers Paper pp. 165-170 (PDF 250k)
by Norman B. Ture

Part III: Labor Supply and the Natural Rate of Unemployment

Part III: Complete File (PDF 2.3M)

Income and Payroll Tax Policy and Labor Supply pp. 173-202 (PDF 1M)
by Jerry Hausman

Transfers, Taxes and the NAIRU pp. 203-229 (PDF 1023k)
by Daniel S. Hamermesh

Discussion of the Hausman Paper pp. 231-236 (PDF 180k)
by Jeffrey M. Perloff

Discussion of the Hamermesh Paper pp. 237-241 (PDF 165k)
by Fredric Raines

Part IV: Luncheon and Dinner Speeches

Part IV: Complete File (PDF 863k)

The Power of Negative Thinking: Government Regulation and Economic Performance pp. 245-254 (PDF 425k)
by Murray L. Weidenbaum

The Politic of Supply-Side Economics pp. 255-262 (PDF 345k)
by Orrin G. Hatch

List of Participants (PDF 97k)

JUNE/JULY 1981

Indexation of Social Security Benefits—A Reform in Need of Reform pp. 3-10 (PDF 1.2M)
by Neil A. Stevens

Why the Median-Priced Home Costs So Much pp. 11-19 (PDF 960k)
by Scott E. Hein and James C. Lamb, Jr.

Inflation: The Cost-Push Myth pp. 20-26 (PDF 621k)
by Dallas S. Batten

AUGUST/SEPTEMBER 1981

The FOMC in 1980: A Year of Reserve Targeting pp. 2-22 (PDF 4.8M)
by R. Alton Gilbert and Michael E. Trebing

Grain Export Agreements—No Gains, No Losses pp. 23-29 (PDF 1.9M)
by Clifton B. Luttrell

OCTOBER 1981

Lessons We Can Learn pp. 3-6 (PDF 532k)
by Lawrence Roos

Money Growth Stability and Inflation: An International Comparison pp. 7-12 (PDF 814k)
by Dallas S. Batten

Much Ado About M2 pp. 13-18 (PDF 993k)
by R. W. Hafer

NOVEMBER 1981

What Really Happened to Interest Rates?: A Longer-Run Analysis pp. 3-14 (PDF 2.2M)
by G.J. Santoni and Courtenay C. Stone

Trends in Federal Spending: 1955-86 pp. 15-24 (PDF 1.7M)
by Keith M. Carlson

The Voluntary Automobile Import Agreement with Japan—More Protectionism pp. 25-30 (PDF 1.7M)
by Clifton B. Luttrell

DECEMBER 1981

Will the Removal of Regulation Q Raise Mortgage Interest Rates? pp. 3-12 (PDF 1.3M)
by R. Alton Gilbert

A Comparison of the St. Louis Model and Two Variations: Predictive Performance and Policy Implications pp. 13-25 (PDF 2.7M)
by Laurence H. Meyer and Chris Varvares

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