Economic Review

This bi-monthly journal is no longer published and has been replaced by Economic Quarterly. Back issues from Jan./Feb. 1974 to Nov./Dec. 1992 are available online under the tabs below.

1992
1991
1990
1989
1988
1987
Archives

Issue	Title	Author(s)
Nov/Dec 1992	Forecasting the Effects of Reduced Defense Spending	Peter N. Ireland Christopher Otrok
Nov/Dec 1992	A Simple Model of Irving Fisher's Price-Level Stabilization Rule	Thomas M. Humphrey
Nov/Dec 1992	Money Market Futures	Anatoli Kuprianov
Sep/Oct 1992	Behind the Money Market: Clearing and Settling Money Market Instruments	David L. Mengle
Sep/Oct 1992	How Useful Is M2 Today?	Robert L. Hetzel
Sep/Oct 1992	Has M2 Demand Become Unstable?	Yash P. Mehra
Jul/Aug 1992	The Case of the Reluctant Recovery	William E. Cullison
Jul/Aug 1992	Oil Shocks, Monetary Policy, and Economic Activity	Michael Dotsey Max Reid
May/Jun 1992	Credit Rationing by Loan Size in Commercial Loan Markets	Stacey L. Schreft Anne P. Villamil
May/Jun 1992	In Search of a Stable, Short-Run M1 Demand Function	Yash P. Mehra
Mar/Apr 1992	Marshallian Cross Diagrams and Their Uses before Alfred Marshall	Thomas M. Humphrey
Jan/Feb 1992	Evidence of Improved Inventory Control	Dan M. Bechter Stephen Stanley
Jan/Feb 1992	Indexed Bonds as an Aid to Monetary Policy	Robert L. Hetzel

Issue	Title	Author(s)
Nov/Dec 1991	Too Big to Fail: Origins, Consequences, and Outlook	Robert L. Hetzel
Nov/Dec 1991	Financial Evolution and the Long-Run Behavior of Velocity	Peter N. Ireland
Sep/Oct 1991	The Reaction of Interest Rates to the Employment Report	Timothy Q. Cook Steven Korn
Sep/Oct 1991	Monetary Policy and Operating Procedures in New Zealand	Michael Dotsey
Sep/Oct 1991	International Trade and Payments Data: An Introduction	Robert F. Graboyes
Jul/Aug 1991	Why Is There Debt?	Jeffrey M. Lacker
Jul/Aug 1991	Loan Loss Reserves	John R. Walter
May/Jun 1991	An Error-Correction Model of U.S. M2 Demand	Yash P. Mehra
May/Jun 1991	A Total Production Index for Washington, D.C.	Dan M. Bechter Zoltan Kenessey Fred Siegmund Ray D. Whitman
May/Jun 1991	The Stealth Budget: Unfunded Liabilities of the Federal Government	Roy H. Webb
Mar/Apr 1991	Nonneutrality of Money in Classical Monetary Thought	Thomas M. Humphrey
Mar/Apr 1991	Survey Evidence of Tighter Credit Conditions: What Does It Mean?	Raymond E. Owens Stacey L. Schreft
Mar/Apr 1991	Productivity in Banking and Effects from Deregulation	David B. Humphrey
Jan/Feb 1991	Reflections on Deposit Insurance	Robert P. Black
Jan/Feb 1991	Money, Credit, Banking, and Payments System Policy	Marvin Goodfriend
Jan/Feb 1991	A Reserve Bank for Richmond	James Parthemos

Issue	Title	Author(s)
Nov/Dec 1990	The Case for Interstate Branch Banking	David L. Mengle
Nov/Dec 1990	Ricardo Versus Thornton on the Appropriate Monetary Response to Supply Shocks	Thomas M. Humphrey
Nov/Dec 1990	Credit Controls: 1980	Stacey L. Schreft
Sep/Oct 1990	Interest Rate Expectations and the Slope of the Money Market Yield Curve	Timothy Q. Cook Thomas K. Hahn
Sep/Oct 1990	The Macroeconomic Effects of Government Spending	Ching-Sheng Mao
Sep/Oct 1990	Why do Estimates of Bank Scale Economies Differ?	David B. Humphrey
Jul/Aug 1990	Reflections on the Strategy of Monetary Policy	Robert P. Black
Jul/Aug 1990	The EMU: Forerunners and Durability	Robert F. Graboyes
Jul/Aug 1990	A Yankee Recipe for a EuroFed Omelet	Robert F. Graboyes
Jul/Aug 1990	Fifth District Bank Performance 1989	John R. Walter Donald L. Welker
Jul/Aug 1990	Real Output and Unit Labor Costs as Predictors of Inflation	Yash P. Mehra
May/Jun 1990	Fisherian and Wicksellian Price-Stabilization Models in the History of Monetary Thought	Thomas M. Humphrey
May/Jun 1990	Free Enterprise and Central Banking in Formerly Communist Countries	Robert L. Hetzel
May/Jun 1990	Is Saving Too Low in the United States?	William E. Cullison
Mar/Apr 1990	Reforming Deposit Insurance: Lessons from the Savings and Loan Crisis	Michael Dotsey Anatoli Kuprianov
Mar/Apr 1990	Takeovers and Stock Price Volatility	Jeffrey M. Lacker John A. Weinberg
Mar/Apr 1990	A Mandate for Price Stability	Robert L. Hetzel
Mar/Apr 1990	Maintaining Price Stability: A Proposal	Robert L. Hetzel
Jan/Feb 1990	In Support of Price Stability	Robert P. Black
Jan/Feb 1990	The Federal Reserve Bank of Richmond: Governor Seay and the Issues of the Early Years	James Parthemos
Jan/Feb 1990	The Lender of Last Resort: Alternative Views and Historical Experience	Michael D. Bordo

Issue	Title	Author(s)
Nov/Dec 1989	Estimating Intertemporal Elasticity of Substitution	Ching-Sheng Mao
Nov/Dec 1989	Labor Market Data	Roy H. Webb William Whelpley
Nov/Dec 1989	Top Performing Small Banks: Making Money the Old-Fashioned Way	Benton E. Gup John R. Walter
Sep/Oct 1989	Some Further Results on the Source of Shift in M1 Demand in the 1980s	Yash P. Mehra
Sep/Oct 1989	M2 and Monetary Policy	Robert L. Hetzel
Sep/Oct 1989	The Changing Labor Force: Some Provocative Findings	William E. Cullison
Sep/Oct 1989	Changes in Manufacturing Employment in North Carolina Counties, 1980-85	Christine Chmura Jane Ihrig
Jul/Aug 1989	Precursors of the P-Star Model	Thomas M. Humphrey
Jul/Aug 1989	The U.S. Productivity Slowdown: What the Experts Say	William E. Cullison
Jul/Aug 1989	Macroeconomic Price Indexes	Roy H. Webb Rob Willemse
May/Jun 1989	The Future of Deposit Insurance: An Analysis of the Alternatives	Anatoli Kuprianov David L. Mengle
May/Jun 1989	Fifth District Banks' Return on Assets: Highest in Decade	John R. Walter Donald L. Welker
May/Jun 1989	Market Responses to Pricing Fedwire Daylight Overdrafts	David B. Humphrey
Mar/Apr 1989	Banking Under Changing Rules: The Fifth District Since 1970	David L. Mengle
Mar/Apr 1989	Lender of Last Resort: The Concept in History	Thomas M. Humphrey
Mar/Apr 1989	Improving America's Competitiveness	H. Robert Heller
Mar/Apr 1989	An Examination of International Trade Data in the 1980s	Michael Dotsey
Jan/Feb 1989	Determinants of the Federal Funds Rate: 1979-1982	Timothy Q. Cook
Jan/Feb 1989	Monetary Aggregates: A User's Guide	John R. Walter

Issue	Title	Author(s)
Nov/Dec 1988	Commodity Prices as Predictors of Aggregate Price Change	Roy H. Webb
Nov/Dec 1988	SIC: Switzerland's New Electronic Interbank Payment System	David L. Mengle Christian Vital
Nov/Dec 1988	International Risk-Based Capital Standard: History and Explanation	Malcolm C. Alfriend
Sep/Oct 1988	Rival Notions of Money	Thomas M. Humphrey
Sep/Oct 1988	The Forecast Performance of Alternative Models of Inflation	Yash P. Mehra
Sep/Oct 1988	The Monetary Responsibilities of a Central Bank	Robert L. Hetzel
Jul/Aug 1988	On Recognizing Inflation	William E. Cullison
Jul/Aug 1988	A Review of Bank Performance in the Fifth District, 1987	David L. Mengle John R. Walter
Jul/Aug 1988	The Federal Reserve Act of 1913 in the Stream of U.S. Monetary History	James Parthemos
May/Jun 1988	Financial Deregulation, Monetary Policy, and Central Banking	Marvin Goodfriend Robert G. King
May/Jun 1988	Fifth District Indexes of Manufacturing Output	Dan M. Bechter Christine Chmura Richard K. Ko
Mar/Apr 1988	Rational Expectations Business Cycle Models: A Survey	Michael Dotsey Robert G. King
Mar/Apr 1988	Electronic Payments in Retrospect	Bruce J. Summers
Jan/Feb 1988	Agricultural Summary and Outlook	Raymond E. Owens
Jan/Feb 1988	The Trade Theorist's Sacred Diagram: Its Origin and Early Development	Thomas M. Humphrey
Jan/Feb 1988	Theoretical Analysis of the Demand for Money	Marvin Goodfriend Bennett T. McCallum

Issue	Title	Author(s)
Nov/Dec 1987	The Irrelevance of Tests for Bias in Series of Macroeconomic Forecasts	Roy H. Webb
Nov/Dec 1987	Money Growth Volatility and High Nominal Interest Rates	Yash P. Mehra
Sep/Oct 1987	Economic Review: The Fed's Anti-Inflationary Strategy: Is it Adequate?	Robert P. Black
Sep/Oct 1987	Economic Review: The Case for Rules in the Conduct of Monetary Policy: A Concrete Example	Bennett T. McCallum
Sep/Oct 1987	Economic Review: The Australian Money Market and the Operations of the Reserve Bank of Australia	Michael Dotsey
Jul/Aug 1987	Economic Review: Henry Thornton: Seminal Monetary Theorist and Father of the Modern Central Bank	Robert L. Hetzel
Jul/Aug 1987	Economic Review: Classical and Neoclassical Roots of The Theory of Optimum Tariffs	Thomas M. Humphrey
Jul/Aug 1987	Economic Review: A Review of Bank Performance in the Fifth District, 1986	David L. Mengle John R. Walter
May/Jun 1987	Economic Review: Swiss and United States Monetary Policy: Has Monetarism Failed?	George Rich
May/Jun 1987	Economic Review: The Effect of Exchange Rate Variation on U.S. Textile and Apparel Imports	Christine Chmura
May/Jun 1987	Economic Review: Cost Dispersion and the Measurement of Economies in Banking	David B. Humphrey
May/Jun 1987	Economic Review: An Overview of Agricultural Policy . . . Past, Present, and Future	Raymond E. Owens
Mar/Apr 1987	Economic Review: The Theory of Multiple Expansion of Deposits: Why it is and Whence it Came	Thomas M. Humphrey
Mar/Apr 1987	Economic Review: The Equilibrium Approach to Exchange Rates	Alan C. Stockman
Mar/Apr 1987	Economic Review: ThIPC or Total Deposits? There Is a Difference!	Donald L. Welker
Jan/Feb 1987	Economic Review: Intraday Credit: Risk, Value, and Pricing	David B. Humphrey David L. Mengle Bruce J. Summers
Jan/Feb 1987	Economic Review: Repurchase and Reverse Repurchase Agreements	Stephen A. Lumpkin
Jan/Feb 1987	Economic Review: The Agricultural Outlook for 1987 . . . Financial Turnaround Unlikely	Raymond E. Owens