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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 1995 Vol. 77, No. 1

Changes in the Distribution of Wealth: Increasing Inequality? pp. 5-24 (PDF 1.5M)
by John C. Weicher
Data and Programs (.dpg)

The Effects of Fair Value Accounting on Investment Portfolio Management: How Fair Is It? pp. 25-40 (PDF 1.2M)
by Anne Beatty
Data and Programs (.dpg)

Narrow Vs. Broad Measures of Money as Intermediate Targets: Some Forecast Results pp. 41-52 (PDF 786k)
by Michael J. Dueker
Data and Programs (.dpg)

An Introduction to the Theory and Estimation of a Job-Search Model pp. 53-65 (PDF 835k)
by Adam M. Zaretsky and Cletus C. Coughlin


MARCH/APRIL 1995 Vol. 77, No. 2

The FOMC in 1993 and 1994: Monetary Policy in Transition pp. 3-26 (PDF 1.8M)
by Michael R. Pakko
Program (.prg)
Data (.wk4)

Regulation, Market Structure and the Bank Failures of the Great Depression pp. 27-38 (PDF 1M)
by David C. Wheelock
Program (.prg)
Data (.dat)

U.S. Official Forecasts of G-7 Economies, 1976-90 pp. 39-48 (PDF 879k)
by Michael Ulan, William G. Dewald, and James Bullard
Data and Programs (.dpg)

An Outsider's Guide to Real Business Cycle Modeling pp. 49-60 (PDF 735k)
by Joseph Ritter
Data and Programs (.zip)
Data and Programs (.exe)


MAY/JUNE 1995 Vol. 77, No. 3

Channels of Monetary Policy

Proceedings of the Nineteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis, October 20-21, 1994, Daniel L. Thornton and David C. Wheelock, eds.

President's Message pp. v-vi (PDF 58k)
by Thomas C. Melzer

Editor's Introduction pp. vii-xii (PDF 382k)
by Daniel L. Thornton and David C. Wheelock

Theoretical Issues of Liquidity Effects pp. 3-25 (PDF 1.5M)
by Lee Ohanian and Alan C. Stockman

Commentary pp. 26-32 (PDF 470k)
by Kevin D. Hoover
Commentary on "Theoretical Issues of Liquidity Effects"

Resolving the Liquidity Effect pp. 33-54 (PDF 1.5M)
by Adrian R. Pagan and John C. Robertson

Commentary pp. 55-62 (PDF 540k)
by Lawrence J. Christiano
Commentary on "Resolving the Liquidity Effect"

Is There a "Credit Channel" for Monetary Policy? pp. 63-77 (PDF 1.1M)
by R. Glenn Hubbard

Commentary pp. 78-82 (PDF 349k)
by Bruce D. Smith
Commentary on "Is There a 'Credit Channel' for Monetary Policy?"

Distinguishing Theories of the Monetary Transmission Mechanism pp. 83-97 (PDF 1.1M)
by Stephen G. Cecchetti

Commentary pp. 98-100 (PDF 193k)
by Mark Gertler
Commentary on "Distinguishing Theories of the Monetary Transmission Mechanism"

Information, Sticky Prices and Macroeconomic Foundations pp. 101-118 (PDF 1.2M)
by Allan H. Meltzer

Commentary pp. 119-124 (PDF 409k)
by Randall Wright
Commentary on "Information, Sticky Prices and Macroeconomic Foundations"

Reply to Wright pp. 125-126 (PDF 74k)
by Allan H. Meltzer

A Conference Panel Discussion pp. 127-142 (PDF 1M)
by Ben S. Bernanke, Thomas F. Cooley, and Manfred J.M. Neumann
A Conference Panel Duscussion on "What Do We Know About How Monetary Policy Affects the Economy?"


JULY/AUGUST 1995 Vol. 77, No. 4

EMU: Will it Fly? pp. 3-16 (PDF 1.3M)
by Patricia S. Pollard
Data (.wk4)

Changes in Inventory Management and the Business Cycle pp. 17-26 (PDF 852k)
by Donald S. Allen
Data and Programs (.dpg)

Is There a Case for "Moderate" Inflation? pp. 27-38 (PDF 770k)
by Alvin L. Marty and Daniel L. Thornton

Evaluating the Efficiency of Commercial Banks: Does Our View of What Banks Do Matter? pp. 39-52 (PDF 1.4M)
by David C. Wheelock and Paul Wilson


SEPTEMBER/OCTOBER 1995 Vol. 77, No. 5

Performance Contracts for Central Bankers pp. 3-14 (PDF 813k)
by Christopher J. Waller

Capacity Utilization and Prices Within Industries pp. 15-26 (PDF 792k)
by Peter S. Yoo
Data (.wk4)
Program (.prg)

Deflation and Real Economic Activity Under the Gold Standard pp. 27-37 (PDF 1M)
by Christopher J. Neely and Geoffrey E. Wood
Data and Programs (.exe)
Data and Programs (.zip)


NOVEMBER/DECEMBER 1995 Vol. 77, No. 6

Antitrust Issues and Payments Systems Networks

Proceedings from a symposium at the Federal Reserve Bank of St. Louis, March 30, 1995 R. Alton Gilbert, ed.

Editor pp. 1-4 (PDF 183k)
by R. Alton Gilbert

Shared ATM Networks—The Antitrust Dimension pp. 5-18 (PDF 1011k)
by Donald I. Baker

Payment Systems and Antitrust: Can the Opportunities for Network Competition be Recognized? pp. 19-40 (PDF 1.6M)
by David A. Balto

Antitrust and Payment Technologies pp. 41-54 (PDF 1.2M)
by Dennis W. Carlton and Alan S. Frankel

Commentary pp. 60-63 (PDF 304k)
by James J. McAndrews
Commentary on "Antitrust and Payment Technologies"

Commentary pp. 55-59 (PDF 271k)
by Nicholas Economides
Commentary on "Antitrust and Payment Technologies"


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