Journal Article
Disentangling monetary and fiscal policy
Dewald, William G. (1982-01)
Economic Review , Issue Win , Pages 7-18

Journal Article
Inflation, real interest tax wedges, and capital formation
Dewald, William G. (1998-01)
William G. Dewald, director of research for the St. Louis Fed, examines how inflation magnifies the distorting effects of taxation when the tax treatment of interest income and expense is not fully indexed to inflation. The distortion involves a real interest tax wedge which is the difference between the real before-tax interest rate that influences fully taxed investors and the real after-tax interest rate that influences savers. Reducing the real tax wedge by eliminating inflation or indexing would stimulate private saving and nonresidential investment but decrease tax receipts and the tax ...
Review , Issue Jan , Pages 29-35

Journal Article
Monetary growth, inflation, and unemployment: projections through 1983
Dewald, William G.; Marchon, Maurice N. (1978-11)
Economic Review , Volume 63 , Issue Nov , Pages 3-17

Working Paper
The effects of disinflationary policies on monetary velocity
Dewald, William G.; Gavin, William T. (1989)
A study of the effect of disinflation policies on monetary velocity, which shows a systematic relation between unexpected changes in the money-income relationship and changes in the trends of inflation rates, and which concludes that the failure to commit to a stable price policy tends to destabilize the economy.
Working Papers (Old Series) , Paper 8901

Journal Article
How fast could inflation be eliminated?
Dewald, William G. (1981)
FRBSF Economic Letter

Journal Article
Historical U.S. money growth, inflation, and inflation credibility
Dewald, William G. (1998-11)
In this article, William G. Dewald, the retiring Research director at the Federal Reserve Bank of St. Louis, focuses on the longer-term monetary relationships in historical data. He uses charts of 10-year average growth rates in the M2 monetary aggregate, nominal GDP, real GDP, and inflation to show that there is a consistent longer-term correlation between M2 growth, nominal GDP growth, and inflation - but, not between such nominal variables and real GDP growth. The data reveal extremely long cycles in monetary growth and inflation, the most recent of which was the strong upward trend in M2 ...
Review , Issue Nov , Pages 13-24

Journal Article
Did you know that the Fed holds TIPS?
Dewald, William G. (1998-07)
Monetary Trends , Issue Jul

Journal Article
Monetarism is dead; long live the quantity theory
Dewald, William G. (1988-07)
Review , Issue Jul , Pages 3-18

Conference Paper
How fast does inflation adjust to its underlying determinants?
Dewald, William G. (1981)
Proceedings , Issue 5 , Pages 221-249

Journal Article
U.S. official forecasts of G-7 economies, 1976-90
Dewald, William G.; Ulan, Michael; Bullard, James B. (1995-03)
Review , Issue Mar