Journal Article
Reserve requirements, the monetary base, and economic activity
Haslag, Joseph H.; Hein, Scott E. (1989-03)
Economic and Financial Policy Review , Issue Mar , Pages 1-15

Working Paper
On the accuracy of time series, interest rate and survey forecasts of inflation
Hein, Scott E.; Hafer, Rik (1984)
Working Papers , Paper 1984-022

Journal Article
Short-run money growth volatility: evidence of misbehaving money demand?
Hein, Scott E. (1982-06)
Review , Volume 64 , Issue Jun , Pages 27-36

Working Paper
Evaluating monetary base targeting rules
Haslag, Joseph H.; Hein, Scott E.; Hafer, Rik (1991)
Working Papers , Paper 9104

Journal Article
Reserve requirements: A modern perspective
Stewart, Jonathan D.; Hein, Scott E. (2002-10)
The discussion in many money and banking textbooks would suggest that the Federal Reserve requires depository institutions to hold a minimum level of non-interest-earning reserves because (1) reserve requirements are a monetary policy tool that allows the Fed to expand the money supply and lower interest rates, and (2) reserve requirements improve the safety and soundness of depository institutions. This article argues that this "conventional wisdom" view is too narrow. ; The Fed often uses reserve requirement changes, the authors contend, to achieve non-monetary-policy objectives, as it ...
Economic Review , Volume 87 , Issue Q4 , Pages 41-52

Journal Article
Predicting velocity growth: a time series perspective
Veugelers, Paul T. W. M.; Hein, Scott E. (1983-10)
Review , Volume 65 , Issue Oct , Pages 34-43

Journal Article
Measuring the policy effects of changes in reserve requirement ratios
Haslag, Joseph H.; Hein, Scott E. (1995-07)
The monetary base is the sum of high-powered money and an adjustment factor that measures changes in reserve requirement ratios. This adjustment factor is calculated so that it responds to changes in deposit levels in addition to changes in reserve requirements. Consequently, researchers and policymakers using the monetary base are seeing a mixture of changes implemented through open market operations, discount window borrowings, and reserve requirements, together with nonpolicy actions acting on deposit flows. ; Joseph Haslag and Scott Hein calculate the reserve step index (RSI) to separate ...
Economic and Financial Policy Review , Issue Q III , Pages 2-15

Journal Article
Monetary aggregates as monetary indicators
Hein, Scott E.; Carlson, Keith M. (1980-11)
Review , Volume 62 , Issue Nov , Pages 12-21

Working Paper
Predicting the money multiplier: forecasts from component and aggregate models
Hein, Scott E.; Hafer, Rik (1983)
Working Papers , Paper 1983-012

Working Paper
Money management effects and the demand for money: an empirical analysis
Hein, Scott E.; Hafer, Rik (1983)
Working Papers , Paper 1983-002