Search Results
Journal Article
Procyclical real wages under nominal-wage contracts with productivity variations
Hoehn, James G.
(1988-10)
A modification of existing sticky-wage models to account for the observed cyclical behavior of real wages by means of a model that introduces productivity factors into nominal-wage contracts.
Economic Review
, Volume 24
, Issue Q IV
, Pages 11-23
Journal Article
Implications of structural changes in the U.S. economy for pricing behavior and inflation dynamics
Willis, Jonathan L.
(2003-01)
Some key features of the behavior of inflation in the United States appear to have changed in the past 20 years, with potentially important implications for forecasters and policymakers. Recent studies have provided evidence of a decline in both the variability and persistence of inflation. ; Such shifts in the behavior or dynamics of inflation would necessitate changes in the economic relationships used by policymakers and economists to assess current conditions, forecast key economic indicators, and determine the implications of policy changes for future economic activity. ; Willis examines ...
Economic Review
, Volume 88
, Issue Q I
, Pages 5-27
Journal Article
Bank profitability and bank size
Gallick, Edward C.
(1976-01)
Economic Review
, Volume 61
, Issue Jan
, Pages 11-16
Journal Article
Banking reform and the transition to a market economy in Bulgaria: problems and prospects
Hunter, William C.
(1993-01)
Economic Review
, Issue Jan
, Pages 15-22
Journal Article
The use of severance taxes in Tenth District states
Smith, Tim R.; Prescott, James
(1985-04)
Economic Review
, Volume 70
, Issue Apr
, Pages 3-16
Journal Article
Identifying amenity and productivity cities using wage and rent differentials
Beeson, Patricia E.; Eberts, Randall W.
(1987-07)
An explanation of how regional wage and rent differentials can be used to classify metropolitan areas according to their amenity and productivity characteristics.
Economic Review
, Issue Q III
, Pages 16-25
Journal Article
Bank capital standards for foreign exchange and other market risks
Levonian, Mark E.
(1994)
The Basle Committee on Banking Supervision has proposed methods for incorporating consideration of market risks--exchange rate, interest rate, and equity price risks--into risk-based capital standards for banks. This paper shows that the separate and seemingly different proposed approaches to the three sources of risk are consistent with one another, reflecting a single unifying theme. That theme is the measurement of risk through a weighting of two different measures of portfolio size, the gross position and the net position. A simple theoretical model demonstrates that such an approach ...
Economic Review
Journal Article
The instruments of monetary policy
Sellon, Gordon H.
(1984-05)
Economic Review
, Volume 69
, Issue May
, Pages 3-20
Journal Article
Stochastic interest rates in the aggregate life cycle of permanent income cum rational expectations model
Kowalewski, K. J.
(1985-10)
An estimation of a life cycle cum rational expectations model that allows for uncertain future interest rates. The results show that the model is strongly rejected using post World War II U.S. data.
Economic Review
, Issue Q IV
, Pages 2-19
Journal Article
Can services be a source of export-led growth? Evidence from the fourth district
Groshen, Erica L.
(1987-07)
A discussion of the role played by service exports in sustaining a regional economy, with the contention that its growth reflects a natural and inevitable response to rising wealth.
Economic Review
, Issue Q III
, Pages 2-15
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