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Author:Cullison, William E. 

Journal Article
Is saving too low in the United States?

Many observers contend that the U.S. savings rate has declined in recent years and that it lags behind the savings rates of our trading partners. This article surveys different methods of measuring savings (and problems with these methods) and finds that U.S. saving may not be as low as is popularly believed.
Economic Review , Volume 76 , Issue May , Pages 20-35

Journal Article
On labor market indicators

An abstract for this article is not available.
Economic Review , Volume 61 , Issue Jul , Pages 3-8

Working Paper
On recognizing inflation

Forecasters experienced considerable difficulty in recognizing rising inflation and predicting its intensity in 1972-82. Possible explanations discussed are: 1) unpredictable supply shocks, 2) excessive attention to nonmonetary developments, and 3) actual money growth overshooting its targeted growth rate. ; A version of this work was published in the Federal Reserve Bank of Richmond's Economic Review, 1988, V. 74, No. 4
Working Paper , Paper 88-06

Journal Article
Forecasts 1976 : recovery but no bicentennial boom

An abstract for this article is not available.
Economic Review , Volume 62 , Issue Jan , Pages 8-12

Working Paper
Measures of saving as indicators of economic growth

This paper contends that National Income Accounts (NIA) saving rates have been sending out misleading signals about the U.S. economy in the 1980s. The individuals' saving rate from the flow-of-funds accounts (FFA) is shown to be a much better indicator of resources available for future economic growth.
Working Paper , Paper 90-09

Journal Article
Money, the monetary base, and nominal GNP

An abstract for this article is not available.
Economic Review , Volume 68 , Issue May , Pages 3-13

Journal Article
Forecasts 1981: hope springs eternal

An abstract for this article is not available.
Economic Review , Volume 67 , Issue Jan , Pages 15-20

Journal Article
The case of the reluctant recovery

Anecdotal evidence has it that the 1990-91 downturn was a predominantly white-collar, or middle management, recession. The data, however, show that the recession affected virtually all occupational groups. Moreover, by standards of past recessions, the 1990-91 downturn was relatively mild. It is the failure of employment to recover that is unusual. Evidence presented here indicates that the economys behavior results from a blend of cyclical and structural factors, with the structural factors delaying the recovery.
Economic Review , Volume 78 , Issue Jul , Pages 3-13

Journal Article
Equalizing regional differences in wages : a study of wages and migration in the South and other regions

Is the South rebelling againthis time against one of the tenets of economic theory? Neoclassical economic theory predicts that wage differentials between regions will disappear with time as workers move from low-wage areas to high-wage areas. However, in the seventies people tended to migrate southward, even though the South is usually thought to be a low-wage region. In his essay. Equalizing Regional Differences in Wages: A Study of Wages and Migration in the South and Other Regions, William E. Cullison offers a simple resolution to this paradox. By adjusting for the cost of living and by ...
Economic Review , Volume 70 , Issue May , Pages 20-33

Journal Article
Forecasts 1974

Economic Review , Volume 60 , Issue Mar

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