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Author:Coughlin, Cletus C. 

Journal Article
Living Standards in St. Louis and the Eighth Federal Reserve District: Let’s Get Real

Recently, the Bureau of Economic Analysis (BEA) has developed the Regional Price Parities (RPPs), spatial price indexes that allow for comparison of cost of living differences across various geographic areas. By construction, RPPs compare the average price level for a region with the national average. Accordingly, unlike traditional, temporal price indexes, RPPs can be used to adjust nominal incomes for cost of living differences, thereby allowing for more accurate comparison of living standards across geographic areas. When adjusting incomes in this manner, the authors find that, despite ...
Review , Volume 99 , Issue 4 , Pages 377-394

Journal Article
How the 1992 legislation will affect European financial services

Review , Issue Mar , Pages 62-77

Journal Article
U.S. trade-remedy laws: do they facilitate or hinder free trade?

Review , Issue Jul , Pages 3-18

Journal Article
Regulating carbon emissions: the cap-and-trade program

The anti-pollution program in Congress contains desirable economic features. But a key component - an auction process covering all permits for carbon emissions - does not seem to be politically viable.
The Regional Economist , Issue Oct , Pages 12-13

Journal Article
An introduction to the theory and estimation of a job-search model

Review , Issue Jan , Pages 53-65

Journal Article
An introduction to non-tariff barriers to trade

Review , Issue Jan , Pages 32-46

Journal Article
Homer Jones' views on the Korean crisis

Monetary Trends , Issue Mar

Journal Article
Foreign-owned companies in the U.S.: malign or benign?

Review , Issue May , Pages 17-31

Journal Article
How dangerous is the U.S. current account deficit?

Although this deficit has been rising steadily since the early 1990s, a "hard landing" for the U.S. economy is unlikely. One reason is that only in the United States can so many foreigners invest so much money and get such good returns.
The Regional Economist , Issue Apr , Pages 4-9

Journal Article
Measuring international trade policy: a primer on trade restrictiveness indices

Measuring the overall restrictiveness of a country's international trade policies is important and, in fact, essential for estimating the effects of trade policies and for negotiations to reduce trade barriers. A good measure is also difficult to produce: Trade restrictiveness indices are constructed by combining the actual structure of trade restrictions, which is generally quite different across goods, into a single number. Under certain assumptions, this single number is the uniform tariff that would produce the same trade restrictiveness as the actual differentiated structure of ...
Review , Volume 92 , Issue Sep , Pages 381-394

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