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Public Policy Brief No. 17Narrow Banking Reconsidered
January 01, 1995 The functional approach to reforming the financial system advocates the structural separation of the depository and lending functions of banks. As a result of such a separation, monetary and credit...more Publication -
Working Paper No. 135
Explaining Japan’s Saving Rate
January 01, 1995 No further information available. Publication -
Working Paper No. 134
Aggregate Demand and Micro Behavior
January 01, 1995 No further information available. Publication -
Working Paper No. 133
Monetary Policy, Stock Returns, and the Role of Credit in the Transmission of Monetary Policy
January 01, 1995 No further information available. Publication -
Working Paper No. 131
The Earned Income Tax Credit and the Need to Synchronize Public Assistance Benefits
December 01, 1994 No further information available. Publication -
Working Paper No. 130
Can We Afford Grandma and Grandpa?
December 01, 1994 No further information available. Publication -
Working Paper No. 129
The Credibility of the Federal Reserve’s Monetary Targets
December 01, 1994 No further information available. Publication -
Public Policy Brief No. 16
Infrastructure Investment for Tomorrow
November 10, 1994 The author presents a long-term public investment proposal to preserve and upgrade the nation’s infrastructure system, offering a unique financing plan to eliminate much of the backlog of deferred maintenance...more Publication -
Working Paper No. 128
Should the US Government Adopt a Biennial Budget?
November 01, 1994 No further information available. Publication -
Working Paper No. 127
Financial Instability and the Decline(?) of Banking
October 01, 1994 No further information available. Publication -
Working Paper No. 126
Financial Institutions, Economic Policy, and the Dynamic Behavior of the Economy
October 01, 1994 No further information available. Publication -
Public Policy Brief No. 15
Monetary Policy Uncovered
September 09, 1994 Experience with a variety of targets has cast doubt on the likelihood that a single variable can be found to be closely and reliably linked to future inflation; it is...more Publication -
Public Policy Brief No. 14
Linking Public Capital to Economic Performance
September 08, 1994 Following up on findings by J. Bradford DeLong and Lawrence Summers that a robust statistical relationship exists between productivity and private sector investment in plant and equipment, the author explores...more Publication -
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Working Paper No. 125
Profit Sharing and Gainsharing
September 01, 1994 No further information available. Publication -
Working Paper No. 123
The Utilization of US Male Labor, 1975–1992
August 10, 1994 No further information available. Publication -
Working Paper No. 122
Recent Trends in US Male Work and Wage Patterns
August 01, 1994 No further information available. Publication -
Working Paper No. 121
The Timing of Promotion to Top Management in the US and Japan
July 10, 1994 No further information available. Publication -
Working Paper No. 120
The Productivity Convergence Debate
June 21, 1994 No further information available. Publication -
Public Policy Brief No. 13
Investment Tax Credit Reconsidered
June 07, 1994 In this brief, Thomas Karier explores the efficacy of the investment tax credit (ITC) in stimulating private investment spending. He notes that there are three possible channels through which an...more Publication -
Working Paper No. 119
Liquidity, Uncertainty, and the Declining Predictive Power of the Paper-bill Spread
June 04, 1994 No further information available. Publication -
Working Paper No. 118
The Rhetoric of Policy Relevance in International Economics
June 03, 1994 No further information available. Publication -
Public Policy Brief No. 12
An Alternative in Small Business Finance
May 06, 1994 At a time when small businesses are suffering from a credit crunch, “niche” financial institutions are filling the void left by more traditional sources of financing, such as commercial banks....more Publication