Search Results

(refine search)

SORT BY: PREVIOUS / NEXT

All:
Title:
Author:
Abstract:
Keywords:

+ Add Search Parameter

Journal Article
The search for a stable money demand equation
Duprey, James N. (1980-07)
Quarterly Review , Volume 4 , Issue Sum

Journal Article
On the emergence of parliamentary government: the role of private information
Green, Edward J. (1993-01)
The way many dictators have been deposed in the 20th century resembles the way a parliamentary form of government emerged in 13th-century England. This medieval example is worth examining because the features that led to its political reform are particularly clear. Despite what many think, that reform cannot be understood simply as a shift in military power from ruler to subjects. Rather, understanding the reform requires understanding that the English king had recently acquired private information crucial to his subjects. Such private information became important after England lost Normandy ...
Quarterly Review , Volume 17 , Issue Win , Pages 2-16

Journal Article
Not a blown fuse
Wojnilower, Albert M. (1993-04)
Quarterly Review , Volume 18 , Issue Spr , Pages 46-49

Journal Article
The relationship between money and prices: some historical evidence reconsidered
Smith, Bruce D. (1988-07)
This article describes a debate about the validity of the quantity theory of money and offers further evidence against it. The evidence is primarily from the North American colonies of Virginia, New York, and Pennsylvania and regards the issue of measuring the money supply. Studies have shown that changes in colonial money and inflation are inconsistent with the quantity theory. Some have argued that those studies measure money wrong: specie belongs in the measure because the colonies were on a fixed exchange rate system with Britain; changes in colonial paper money were offset by specie ...
Quarterly Review , Volume 12 , Issue Sum , Pages 18-32

Journal Article
Top Income Inequality in the 21st Century: Some Cautionary Notes
Guvenen, Fatih; Kaplan, Greg (2017-10)
We revisit recent empirical evidence about the rise in top income inequality in the United States, drawing attention to key issues that we believe are critical for an informed discussion about changing inequality since 1980: the definition of income (labor versus total), the unit of analysis (individual versus tax unit), the importance of partnership and S-corporation income, income shifting between the corporate and personal sectors in response to tax incentives, the definition of the top of the distribution, and trends in the middle and bottom of the distribution. Our goal is to inform ...
Quarterly Review , Issue October , Pages 2-15

Journal Article
A primer on Federal Reserve float
Hoel, Arline (1975-10)
Quarterly Review , Volume 57 , Issue Oct , Pages 245-253

Journal Article
Optimal monetary policy design: rules versus discretion again
Englander, A. Steven (1990-01)
Should monetary authorities rely primarily on rules or their own discretion in conducting monetary policy? The debate has recently been revived by researchers who claim that discretionary monetary policy tempts policy makers to exploit a short-run trade-off between output and inflation and thereby leads to higher inflation expectations. This article evaluates the arguments advanced in support of these views and tests them against the empirical evidence.
Quarterly Review , Volume 15 , Issue Win , Pages 65-79

Journal Article
Why should older people invest less in stock than younger people?
Kocherlakota, Narayana R.; Jagannathan, Ravi (1996-07)
Financial planners typically advise people to shift investments away from stocks and toward bonds as they age. The planners commonly justify this advice in three ways. They argue that stocks are less risky over a young person?s long investment horizon, that stocks are often necessary for young people to meet large financial obligations (like college tuition for their children), and that younger people have more years of labor income ahead with which to recover from the potential losses associated with stock ownership. This article uses economic reasoning to evaluate these three different ...
Quarterly Review , Volume 20 , Issue Sum , Pages 11-23

Journal Article
International interest rate convergence: a survey of the issues and evidence
Pigott, Charles (1993-01)
World financial markets have become substantially integrated over the last two decades. Contrary to widespread expectations, however, this integration has not led to any greater convergence of interest rates across countries. This article examines why convergence has not occurred and more generally what financial integration doesand does notmean for international interest rate relations.
Quarterly Review , Volume 18 , Issue Win , Pages 24-37

Journal Article
Do international reactions of stock and bond markets reflect macroeconomic fundamentals?
Remolona, Eli M. (1991-10)
Using quarterly data for the United States, Japan, and the United Kingdom, this article investigates the relationship between changes in fundamental economic conditions and the international reactions of stock and bond markets. The author assesses the degree to which the transmission of information about fundamentals prompts the stock or bond markets in different countries to move together.
Quarterly Review , Volume 16 , Issue Aut , Pages 1-13

show more (9)

PREVIOUS / NEXT

Fed in Print

Search Results

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

FILTER BY Keywords