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The Federal Reserve Bank of St. Louis Review

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Past Issues 1985

JANUARY 1985

Cash Flow or Present Value: What's Lurking Behind That Hedge? pp. 5-13 (PDF 1.6M)
by Michael T. Belongia and G.J. Santoni

A Descriptive Analysis of Economic Indicators pp. 14-24 (PDF 2.8M)
by Ronald A. Ratti

FEBRUARY 1985

Federal Income Tax Reform in 1985: Indexation pp. 5-12 (PDF 1.3M)
by John A. Tatom

Operating Procedures for Conducting Monetary Policy pp. 13-21 (PDF 749k)
by R. Alton Gilbert

The Discount Rate, Interest Rates and Foreign Exchange Rates: An Analysis with Daily Data pp. 22-30 (PDF 1.4M)
by Dallas S. Batten and Daniel L. Thornton

MARCH 1985

Why the Big Rise in Business Loans at Banks Last Year? pp. 5-13 (PDF 750k)
by R. Alton Gilbert and Mack Ott

Money Demand Dynamics: Some New Evidence pp. 14-23 (PDF 1.1M)
by Daniel L. Thornton

The Federal Reserve Reaction Function: Does Debt Growth Influence Monetary Policy? pp. 24-33 (PDF 1.6M)
by Richard G. Sheehan

APRIL 1985

Local Area Labor Statistics—A Phantom Army of the Unemployed? pp. 5-14 (PDF 1019k)
by G.J. Santoni

The FOMC in 1983-84: Setting Policy in an Uncertain World pp. 15-37 (PDF 3.4M)
by R. W. Hafer

MAY 1985

Rational Expectations and the Effects of Monetary Policy: A Guide for the Uninitiated pp. 5-11 (PDF 667k)
by A. Steven Holland

The New Bank Capital Adequacy Standards pp. 12-20 (PDF 1.1M)
by R. Alton Gilbert, Courtenay C. Stone, and Michael E. Trebing

Monetary Stabilization Policy: Evidence from Money Demand Forecasts pp. 21-26 (PDF 880k)
by R. W. Hafer

Money, Income and Currency Substitution: Evidence from Three Countries pp. 27-35 (PDF 1.3M)
by Dallas S. Batten and R. W. Hafer

JUNE/JULY 1985

Controlling Federal Outlays: Trends and Proposals pp. 5-11 (PDF 838k)
by Keith M. Carlson

The Monetary Control Act, Reserve Taxes and the Stock Prices of Commercial Banks pp. 12-20 (PDF 1.3M)
by G.J. Santoni

Recent Changes in Handling Bank Failures and Their Effects on the Banking Industry pp. 21-28 (PDF 959k)
by R. Alton Gilbert

Are Weighted Monetary Aggregates Better Than Simple-Sum M1? pp. 29-40 (PDF 1.5M)
by Dallas S. Batten and Daniel L. Thornton

AUGUST/SEPTEMBER 1985

The President's Proposed Corporate Tax Reforms: A Move Toward Tax Neutrality pp. 5-17 (PDF 3.5M)
by Dallas S. Batten and Mack Ott

Factors Behind the Rise and Fall of Farmland Prices: A Preliminary Assessment pp. 18-24 (PDF 702k)
by Michael T. Belongia

Weekly Money Announcements: New Information and Its Effects pp. 25-34 (PDF 1.4M)
by Richard G. Sheehan

OCTOBER 1985

Two Views of the Effects of Government Budget Deficits in the 1980s pp. 5-16 (PDF 1.5M)
by John A. Tatom

The Status of Farm Lenders: An Assessment of Eighth District and National Trends pp. 17-27 (PDF 1.6M)
by Michael T. Belongia and Kenneth C. Carraro

NOVEMBER 1985

Would Lower Federal Deficits Increase U.S. Farm Exports? pp. 5-19 (PDF 1.7M)
by Michael T. Belongia and Courtenay C. Stone

Monthly Economic Indicators: A Closer Look at the Coincident Index pp. 20-30 (PDF 1.8M)
by Keith M. Carlson

DECEMBER 1985

The Farm Credit Crisis: Will It Hurt the Whole Economy? pp. 5-15 (PDF 1M)
by Michael T. Belongia and R. Alton Gilbert

Mergers and Takeovers—The Value of Predators pp. 16-28 (PDF 1.7M)
by Mack Ott and G.J. Santoni

New Seasonal Factors for the Adjusted Monetary Base pp. 29-33 (PDF 735k)
by R. Alton Gilbert

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