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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/FEBRUARY 1989

Payments System Risk: What Is It and What Will Happen If We Try To Reduce It pp. 3-17 (PDF 3M)
by R. Alton Gilbert

Federal Budget Trends and the 1981 Reagan Economic Plan pp. 18-31 (PDF 4M)
by Keith M. Carlson

An Introduction to Non-Tariff Barriers to Trade pp. 32-46 (PDF 4.5M)
by Cletus C. Coughlin and Geoffrey E. Wood

Can a Central Bank Influence Its Currency's Real Value? The Swiss Case pp. 47-55 (PDF 1.3M)
by Michael T. Belongia and Werner Hermann


MARCH/APRIL 1989

U.S. Investment in the 1980s: The Real Story pp. 3-15 (PDF 2.6M)
by John A. Tatom

The FOMC in 1988: Uncertainty's Effects on Monetary Policy pp. 16-33 (PDF 4.1M)
by Michelle R. Garfinkel

Interest Rates and Economic Announcements pp. 34-46 (PDF 2.8M)
by Gerald P. Dwyer, Jr. and R. W. Hafer

Is America Being Sold Out? pp. 47-64 (PDF 3.4M)
by Mack Ott

Money and the International Monetary System pp. 65-71 (PDF 497k)
by H. Robert Heller


MAY/JUNE 1989

The 1988 Drought: Its Impact on District Agriculture pp. 3-13 (PDF 2.5M)
by Jeffrey D. Karrenbrock

Eighth District Banks: Back in the Black pp. 14-22 (PDF 2.9M)
by Lynn M. Barry

The Eighth District Business Economy in 1988: Still Expanding, But More Slowly pp. 23-32 (PDF 1.8M)
by Thomas B. Mandelbaum

Comparing Futures and Survey Forecasts of Near-Term Treasury Bill Rates pp. 33-42 (PDF 1.8M)
by R. W. Hafer and Scott E. Hein

Bank Runs and Private Remedies pp. 43-61 (PDF 4.3M)
by Gerald P. Dwyer, Jr. and R. Alton Gilbert


JULY/AUGUST 1989

What Is An "Acceptable" Rate of Inflation?—A Review of the Issues pp. 3-15 (PDF 1.9M)
by Michelle R. Garfinkel

Does Dollar Depreciation Cause Inflation? pp. 16-28 (PDF 2.1M)
by R. W. Hafer

Have Federal Spending and Taxation Contributed to the Divergence of State Per Capita Incomes in the 1980s? pp. 29-42 (PDF 4.4M)
by Cletus C. Coughlin and Thomas B. Mandelbaum

Does Inflation Uncertainty Affect Output Growth? Further Evidence pp. 43-54 (PDF 4.6M)
by Dennis W. Jansen

Tests of Covered Interest Rate Parity pp. 55-66 (PDF 2.7M)
by Daniel L. Thornton


SEPTEMBER/OCTOBER 1989

The Role of Money and Monetary Policy pp. 4-22 (PDF 2.6M)
by Karl Brunner

The Causes and Consequences of Leveraged Buyouts pp. 23-34 (PDF 1.4M)
by Michelle R. Garfinkel

The Link Between M1 and the Monetary Base in the 198O's pp. 35-52 (PDF 4.8M)
by Michelle R. Garfinkel and Daniel L. Thornton

Monetary Targeting with Exchange Rate Constraints: The Bundesbank in the 1980's pp. 53-69 (PDF 4M)
by Jürgen von Hagen


NOVEMBER/DECEMBER 1989

The Cost of Restricting Corporate Takeovers: A Lesson from Switzerland pp. 3-11 (PDF 2M)
by Werner Hermann and G.J. Santoni

Do Price Indexes Tell Us About Inflation? A Review of the Issue pp. 12-30 (PDF 6.8M)
by Keith M. Carlson

Understanding Nominal GNP Targeting pp. 31-40 (PDF 1.5M)
by Michael D. Bradley and Dennis W. Jansen


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