Journal Article
The case for price stability
Hoskins, W. Lee (1990-03)
The testimony of Cleveland Federal Reserve Bank President W. Lee Hoskins before the U.S. House of Representatives' Subcommittee on Domestic Monetary Policy, supporting House Joint Resolution 409, which would establish achievement of price stability as the primary policy goal of the central bank.
Economic Commentary , Issue Mar

Journal Article
A critique of monetary protectionism
Hoskins, W. Lee; Humpage, Owen F. (1990-05)
An argument against attempts to achieve current-account objectives through monetary manipulation of nominal exchange rates, with an explanation of why such tampering--which for various reasons might appear politically attractive--ultimately harms economic welfare.
Economic Commentary , Issue May

Journal Article
A market-based view of European Monetary Union
Hoskins, W. Lee (1989-04)
A discussion of European economic integration, noting that monetary union is of secondary importance to free markets in pushing Europe toward its economic potential.
Economic Commentary , Issue Apr

Journal Article
Is current fiscal policy an obstacle to sound monetary policy?
Hoskins, W. Lee (1990-02)
A discussion of the relationship between monetary and fiscal policy, concluding that sound policy, be it monetary or fiscal, should have clear objectives, verifiable outcomes, and rules that are consistently followed.
Economic Commentary , Issue Feb

Journal Article
Economic policy issues for 1988 and beyond
Hoskins, W. Lee (1987-11)
A discussion of the uncertainty surrounding economic policy issues in 1988, with emphasis on the need for policymakers to focus on long-term objectives.
Economic Commentary , Issue Nov

Monograph
Inflation: gainers and losers
Hoskins, W. Lee (1979)
Originally appeared in the Federal Reserve Bank of Philadelphia Business Review, February 1970, p. 23-30
Monograph

Journal Article
Price stability and world economic recovery
Hoskins, W. Lee (1991-07)
An assertion that central banks can promote long-term investment and stable economic growth only by guaranteeing price stability and that a coordinated global easing of monetary policies would damage central-bank credibility and jeopardize progress against inflation.
Economic Commentary , Issue Jul

Journal Article
Should the Fed sell its services?
Hoskins, W. Lee (1975-01)
Business Review , Issue Jan , Pages 11-17

Journal Article
Some observations on central bank accountability
Hoskins, W. Lee (1991-10)
An analysis of the institutional design of the Federal Reserve System, stating that the central bank should be given a clear legislative mandate to achieve price-level stability and financial market efficiency, along with the independence and accountability necessary to realize these goals.
Economic Commentary , Issue Oct

Journal Article
Rethinking the regulatory response to risk-taking in banking
Hoskins, W. Lee (1989-06)
A perspective on regulatory reform of the financial industry, focusing on the need to revamp the deposit-insurance system and recommending greater reliance on market forces, less reliance on the regulatory apparatus, and the retention of the current framework of multiple regulatory agencies.
Economic Commentary , Issue Jun