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Author:Garner, C. Alan 

Journal Article
Is commercial real estate reliving the 1980s and early 1990s?

Concern has been rising about the health of the U.S. commercial real estate market and any impact it may have on financial markets and institutions. It is too early to judge the full extent of any problems, but commercial real estate financing has been shaken by the financial market turmoil associated with recent residential mortgage defaults. The spreads of commercial mortgage-backed securities have widened relative to Treasury securities, and recent reports suggest that prices for many commercial properties are declining. In addition to the direct effects on construction activity, large ...
Economic Review , Volume 93 , Issue Q III , Pages 89-115

Journal Article
Dollar depreciation and the trade deficit

Financial Letters , Issue Jun

Journal Article
Capacity utilization and inflation in the current business expansion

Financial Letters , Issue Jun

Journal Article
Consumer confidence after September 11

The terrorist attacks on September 11 dealt a serious blow to the U.S. economy. The damage included the tragic loss of human life, massive property destruction, and disruptions to the travel and shipping industries. But immediately after the attacks, many observers also worried about the possible harm to business and consumer confidence. Although the effects on business confidence are hard to measure, regular surveys of households make it easier to assess the effects on consumer confidence. These surveys show that consumer confidence was surprisingly resilient.> Faced with this resilience, ...
Economic Review , Volume 87 , Issue Q II

Journal Article
Will the real price of housing drop sharply in the 1990s?

Economic Review , Volume 77 , Issue Q I , Pages 55-68

Journal Article
Can IRAs cure the low national savings rate?

Economic Review , Volume 78 , Issue Q II , Pages 5-19

Journal Article
How useful are leading indicators of inflation?

Many economists expect inflation to rise in 1995. These expectations are based on various approaches to forecasting inflation. One approach is based on the standard economic theory that inflation rises when slack is eliminated from the economy and production exceeds capacity constraints. According to this view, measures of economic slack such as unemployment and capacity utilization provide useful information about the inflation outlook. But the relationship between slack and inflation is complicated and subject to variable lags.> Uncomfortable with this complex relationship, some analysts ...
Economic Review , Volume 80 , Issue Q II , Pages 5-18

Journal Article
How fast can the U.S. economy grow?

Economic Review , Volume 74 , Issue Dec , Pages 24-39

Journal Article
The effect of U.S. defense cuts on the standard of living

Economic Review , Volume 76 , Issue Jan , Pages 33-47

Journal Article
Tax reform and personal saving

Economic Review , Volume 72 , Issue Feb , Pages 8-19

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