Our economy has been experiencing an accelerating inflation during the past five years At
the same time, market interest rates have risen to extremely high levels. The causes of …

… Karnosky and Singer continually stress the practical aspects of their attribution model. They
… Karnosky and Singer have successfully developed and presented a global attribution model …

While substantial effort has gone into global investment areas such as hedged versus
unhedged benchmarks and the development of currency overlay programs, less attention has …

That group which gathers under the banner of monetarism has long blamed excessive
monetary expansion as the source of inflation. They have argued that inflation, as a persistent …

Over the past several years, the Federal System has paid increased attention to monetary
aggregates as a means to achieve the ultimate national employment and price goals. …

… The t-statistic of t = 8 in the Andersen-Karnosky paper is predicated on the assumption that
… Secondly, the three equations reported in Table I of the Andersen-Karnosky paper examine …

… Andersen and Karnosky reach this conclusion on the basis of simulations with a modified
version of the St. Louis Federal Reserve Bank model. The new model, like the old, is recursive. …

For example, an unexpectedly bountiful wheat crop would increase the actual wheat balances
of some individuals above the desired level. With everything else remaining constant, this …

THROUGHOUT most of 1973, many analysts were concerned about the prospects for what
they called a “growth recession”—a prolonged period where total output continues to rise, but …

I HE QUESTION of whether or not the economy entered into a period of recession in 1974
has been a popular topic of discussion, To date the National Bureau of Economic Research, …