Search Results

(refine search)

SORT BY: PREVIOUS / NEXT

All:
Title:
Author:
Abstract:
Keywords:

+ Add Search Parameter

Journal Article
Gresham's law or Gresham's fallacy?
Weber, Warren E.; Rolnick, Arthur J. (1986-01)
In this article, the authors argue the answer to their title depends on whether a qualifier is added to the standard version of the law that "bad money drives out good." By examining several historical episodes, they find instances where bad money (valued more at the mint than in the market) failed to drive out good money (valued less at the mint than in the market). Rolnick and Weber next explain why the common qualifier to this law, which requires the mint to fix the rate of exchange at face value, does not reinstate the law. The common qualifier fails to give plausible reasons for how ...
Quarterly Review , Volume 10 , Issue Win , Pages 17-24

Journal Article
Event risk premia and bond market incentives for corporate leverage
Zimmer, Steven A. (1990-04)
Quarterly Review , Volume 15 , Issue Spr , Pages 15-30

Journal Article
Money and the U.S. economy in the 1980s: a break from the past?
Christiano, Lawrence J. (1986-07)
Quarterly Review , Volume 10 , Issue Sum , Pages 2-13

Journal Article
Inflation expectations surveys as predictors of inflation and behavior in financial and labor markets
Stone, Gary; Englander, A. Steven (1989-10)
Quarterly Review , Volume 14 , Issue Aut , Pages 20-32

Journal Article
The Great Depression in the United States from a neoclassical perspective
Ohanian, Lee E.; Cole, Harold L. (1999-01)
Can neoclassical theory account for the Great Depression in the United States?both the downturn in output between 1929 and 1933 and the recovery between 1934 and 1939? Yes and no. Given the large real and monetary shocks to the U.S. economy during 1929?33, neoclassical theory does predict a long, deep downturn. However, theory predicts a much different recovery from this downturn than actually occurred. Given the period?s sharp increases in total factor productivity and the money supply and the elimination of deflation and bank failures, theory predicts an extremely rapid recovery that ...
Quarterly Review , Volume 23 , Issue Win , Pages 2-24

Journal Article
Factors affecting the competitiveness of internationally active financial institutions
Hirtle, Beverly (1991-04)
The author identifies the characteristics of banks and securities firms that appear to contribute to competitive success in the international arena. She bases her findings on studies of several bank product markets and a statistical analysis of the performance of fifty-one large financial institutions. Particular attention is given to the ways in which success in individual product markets translates into overall profitability.
Quarterly Review , Volume 16 , Issue Spr , Pages 38-51

Journal Article
Are large U.S. banks moving international activity off their balance sheets?
McCauley, Robert N. (1986-07)
Quarterly Review , Volume 11 , Issue Sum , Pages 42-44

Journal Article
In brief economic capsules: Japanese banks' customers in the United States
Quijano, Alicia; Seth, Rama (1991-04)
Foreign banks in the United States are often thought to specialize in providing services to multinational firms from their home countries. This article examines data on Japanese bank loans and the liabilities of Japanese-owned firms to determine whether the increase in Japanese bank assets in the United States during the 1984-89 period can be attributed to growth in direct investment from Japan.
Quarterly Review , Volume 16 , Issue Spr , Pages 79-82

Journal Article
Reflections of a central banker
Sproul, Allan (1989)
From the early years of Sproul's presidency until the Treasury-Federal Reserve Accord of 1951, Federal Reserve policy was subordinated to the Treasury's wartime and postwar financing needs. In this 1955 speech, Sproul speaks of the resurgence of flexible monetary policy. He invites the academic economists in his audience to turn their attention to the study of central banking issues and to contribute in this way to informed monetary policy decisions. Sproul's address provides an overview of the structure, techniques, and objectives of the Federal Reserve System and gives particular attention ...
Quarterly Review , Issue Special , Pages 21-28

Journal Article
Measurement with minimal theory
McGrattan, Ellen R. (2010-07)
Applied macroeconomists interested in identifying the sources of business cycle fluctuations typically have no more than 40 or 50 years of data at a quarterly frequency. With sample sizes that small, identifi cation may not be possible even with correctly specifi ed representations of the data. In this article, I investigate whether small samples are indeed a problem for some commonly used statistical representations. I compare three?a vector autoregressive moving average (VARMA), an unrestricted state space, and a restricted state space?that are all consistent with the same prototype ...
Quarterly Review , Issue July , Pages 2-13

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