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Journal Article
Implementing the Monetary Control Act in a troubled environment for thrifts
Moulton, Janice M. (1982-07)
Business Review , Issue Jul/Aug , Pages 13-21

Journal Article
Agriculture in the Third District: fertile fields outside the farm belt
Schiller, Timothy G. (2000-01)
Although not part of the nation's agricultural heartland, the three states of the Third Federal Reserve District (Pennsylvania, New Jersey, and Delaware) nonetheless supply a significant percentage of some commodities. In some parts of the region, agriculture is a significant part of the local economy. In this article, Tim Schiller looks at the contributions the three states make to the nation's agricultural bounty.
Business Review , Issue Jan , Pages 15-29

Journal Article
Slowdowns and recessions: what's been the government's role?
Raiff, Donald L. (1975-10)
Business Review , Issue Oct , Pages 17-30

Journal Article
The Philadelphia area economy: faster growth in the 1980s?
Gruenstein, John M. L. (1985-09)
Business Review , Issue Sep/Oct , Pages 13-23

Journal Article
New rules for foreign banks: what's at stake?
Berlin, Mitchell (2015-01)
In response to the financial crisis, stricter rules are being phased in for foreign banks operating on U.S. soil. Mitchell Berlin explains how global banking drives efficiency, how the new rules may impede that efficiency, and why the rules may nevertheless be necessary.
Business Review , Issue Q1 , Pages 1-10

Journal Article
Why not pay interest on member bank reserves?
Kaminow, Ira (1975-01)
Business Review , Issue Jan , Pages 3-10

Journal Article
Deficit-financed tax cuts and interest rates
Leduc, Sylvain (2004-04)
Why do proposals to lower taxes often meet with opposition in Congress. One argument is that lowering taxes without an equivalent fall in government spending may lead to future budget deficits, which will translate into higher long-term interest rates and a lower level of income. Sylvain Leduc discusses the theoretical arguments under which budget deficits lead to higher interest rates. He also surveys empirical studies that used data on expected budget deficits to document the possibility that increases in future budget deficits are associated with higher real long-term interest rates.
Business Review , Issue Q2 , Pages 30-37

Journal Article
The U.S. auto industry in the 1990s
Wong, David Y. (1990-07)
Business Review , Issue Jul , Pages 11-20

Journal Article
The optimum quantity of money
Sanches, Daniel R. (2012-10)
A central premise of monetary policy in the U.S. throughout the first decade of the 21st century has been a firm commitment to avoid deflation. Indeed, it is the consensus view of policymakers and most economists. Nonetheless, Nobel laureate Milton Friedman proposed that optimal monetary policy should lead to a steady rate of deflation. For some economists, the Friedman rule is mainly a benchmark for thinking clearly about the assumptions underlying our models and a systematic guide for deciding how to modify our models, that is, a way of making scientific progress. However, it is not an ...
Business Review , Issue Q4 , Pages 8-15

Journal Article
Indexing inflation: remedy or malady?
Gennaro, Vincent A. (1975-03)
Business Review , Issue Mar , Pages 3-15

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