Search Results
Journal Article
American automobile manufacturing: it's turning Japanese
A discussion of the movement of Japanese auto production facilities to the United States, with emphasis on conditions in the Fourth Federal Reserve District and on growth of the just-in-time inventory supply process.
Journal Article
The consumer price index as a measure of inflation
An estimation of a price index that is immune to some of the weighting biases that can hinder the use of the Consumer Price Index as a reliable measure of inflation.
Journal Article
Can conventional theory explain the unconventional recovery?
An argument that the sluggishness of the current economic recovery reflects a permanent, structural change in the economy that may not be easily addressed using the standard monetary/fiscal incentives called for in the conventional view of business cycles, and that structural adjustment is a critical component of all economic fluctuations.
Journal Article
Is it more expensive, or does it just cost more money?
Most of us, from the general public to professional economists, use the term inflation pretty loosely. It?s increasingly applied to any rise in prices, and even economists use it interchangeably with a rise in the cost of living. This Commentary explains what inflation is, why it should be kept distinct from a rise in the cost of living, and how some statistical measures attempt to distinguish between the two.
Journal Article
Island money
On a small group of islands in the South Pacific, the people use a money so astonishing it often gets mentioned in classroom discussions on the subject. This Commentary takes a closer look at the stone money of Yap and asks what such an odd form of money can teach us about our own.
Journal Article
Is manufacturing disappearing?
An analysis of broad national and regional trends in manufacturing that questions the validity of many popular beliefs about the decline of the manufacturing sector.
Journal Article
Midyear report of the Fourth District Economists' Roundtable
A summation of the May 20, 1994 meeting of the Fourth District Economists' Roundtable, at which participants offered their views on the current and prospective state of the economy and discussed the limitations of describing the U.S. business cycle.
Journal Article
The outlook for inflation
A look at whether we can have an economic recovery without reaccelerating inflation. The authors consider past behavior of prices, wages, capacity utilization, and productivity growth in their analysis.
Journal Article
The financial distress in American farming
An analysis of the uneven distribution of problem debt among the nation' s farmers, a discussion of the effect of this debt on agricultural banks, and an estimate of the probable impact of farm debt problems on the nation.
Journal Article
Year-end report of the Fourth District Economists' Roundtable
A review of the November 3, 1994 meeting of the Fourth District Economists' Roundtable, at which participants offered their economic predictions for the coming year and discussed the interactions between seasonal cycles and business cycles.