Economic Review

1975 - 2025

From Federal Reserve Bank of Kansas City
Contact information at EDIRC.
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New challenges for monetary policy: a summary of the Bank's 1999 Symposium pp. 5-15: Charmaine R. Buskas and Gordon H. Sellon
Monetary policy and asset price volatility pp. 17-51: Ben Bernanke and Mark Gertler
Electronic payments in the U.S. economy: an overview pp. 53-64: Stuart E. Weiner
The outlook for the U.S. banking industry: what does the experience of the 1980s and 1990s tell us? pp. 65-83: Kenneth Spong and Richard Sullivan

Financial industry megamergers and policy challenges pp. 7-13: Thomas M. Hoenig
A comparison of the CPI and the PCE price index pp. 15-29: Todd Clark
Do consumers really want credit card reform? pp. 31-45: Kathryn L. Combs and Stacey Schreft
The value of interest rate smoothing: how the private sector helps the Federal Reserve pp. 47-64: Jeffery D. Amato and Thomas Laubach
Where have all the packing plants gone?: the new meat geography in rural America pp. 65-82: Mark Drabenstott, Mark Henry and Kristin Mitchell

How useful are Taylor rules for monetary policy? pp. 5-33: Sharon Kozicki
How reliable are recession prediction models? pp. 35-55: Andrew Filardo
Does faster loan growth lead to higher loan losses? pp. 57-75: William R. Keeton
Equity for rural America: from Wall Street to Main Street: a conference summary pp. 77-85: Mark Drabenstott and Larry G. Meeker

Progress toward price stability: a 1998 inflation report pp. 5-20: C. Alan Garner
Monetary policy and the well-being of the poor pp. 21-49: Christina Romer and David Romer
Can U.S. oil production survive the 20th century? pp. 51-62: Russell L. Lamb and Chad Wilkerson
Consolidation in U.S agriculture: the new rural landscape and public policy pp. 63-71: Mark Drabenstott
U.S. agriculture at the crossroads in 1999 pp. 73-91: Russell L. Lamb
The District economic outlook: responding to labor shortages and overseas problems pp. 93-109: Ricardo C. Gazel and Chad Wilkerson

Income inequality: a summary of the Bank's 1998 Symposium pp. 5-8: Stephen A. Monto and Stuart E. Weiner
The longevity of expansions pp. 13-34: Joseph H. Haimowitz
How important is the inflation risk premium? pp. 35-47: Pu Shen
From the Plains to the plate: can the beef industry regain market share? pp. 49-66: Michelle Beshear and Russell L. Lamb
Will tightness in Tenth District labor markets result in economic slowdown? pp. 67-80: Ricardo C. Gazel and Chad Wilkerson

Conducting monetary policy with inflation targets pp. 5-32: George Kahn and Klara Parrish
A closer look at the employment cost index pp. 63-78: C. Alan Garner
This little piggy went to market: will the new pork industry call the Heartland home? pp. 79-97: Mark Drabenstott
New evidence on the output cost of fighting inflation: Andrew Filardo

The international community's response to the Asian financial crisis pp. 5-7: Thomas M. Hoenig
Will the Tenth District catch the Asian flu? pp. 9-26: Ricardo C. Gazel and Russell L. Lamb
Has the surge in computer spending fundamentally changed the economy? pp. 27-42: Joseph H. Haimowitz
Are rural banks facing increased funding pressures?: evidence from Tenth District states pp. 43-67: William R. Keeton

Progress toward price stability: a 1997 inflation report pp. 5-21: Todd Clark
Features and risks of Treasury Inflation Protection Securities pp. 23-38: Pu Shen
Tenth District economic developments pp. 39-54: Ricardo C. Gazel
U.S. agriculture: another solid year in 1998? pp. 55-74: Mark Drabenstott and Russell L. Lamb

Why is financial stability a goal of public policy? pp. 5-22: Andrew D. Crockett
Maintaining financial stability in a global economy: a summary of the Bank's 1997 Symposium pp. 23-35: Charles Morris and Klara Parrish
Predicting real growth and inflation with the yield spread pp. 39-57: Sharon Kozicki
Looking forward: the role for government in regulating electronic cash pp. 59-84: Stacey Schreft
How will the 1996 Farm Bill affect the outlook for District farmland values? pp. 85-101: Russell L. Lamb

What long-run returns can investors expect from the stock market? pp. 5-20: David G. Bishop and John E. Golob
Social Security privatization: balancing efficiency and fairness pp. 21-36: C. Alan Garner
Does the yield spread predict real economic activity?: a multicountry analysis pp. 37-53: Catherine Bonser-Neal and Timothy R. Morley
Changes in the depository industry in Tenth District states pp. 55-76: William R. Keeton and Anne D. McKibbin

Monetary policy without reserve requirements: case studies and options for the United States pp. 5-30: Gordon H. Sellon and Stuart E. Weiner
Are we living in the middle of an Industrial Revolution? pp. 31-43: Joel Mokyr
Settlement risk in large-value payments systems pp. 45-62: Pu Shen
Cyclical implications of the declining manufacturing employment share pp. 63-87: Andrew Filardo
Financing rural America: a conference summary pp. 89-98: Mark Drabenstott and Larry G. Meeker