Journal Article
Price stability and regional diversity
Hoskins, W. Lee (1991-05)
An argument against using short-term monetary policy to alleviate regional economic shocks and an analysis of how regional economic diversity lends strength to the goal of price stability as the Federal Reserve System's sole monetary policy focus.
Economic Commentary , Issue May

Journal Article
The case for price stability
Hoskins, W. Lee (1990-03)
The testimony of Cleveland Federal Reserve Bank President W. Lee Hoskins before the U.S. House of Representatives' Subcommittee on Domestic Monetary Policy, supporting House Joint Resolution 409, which would establish achievement of price stability as the primary policy goal of the central bank.
Economic Commentary , Issue Mar

Journal Article
International developments and monetary policy
Hoskins, W. Lee (1988-04)
A discussion of the problems associated with redressing global trade imbalances and why a monetary policy committed to international price stability is necessary in order to reform our international accounts and foster a healthy economic environment.
Economic Commentary , Issue Apr

Journal Article
Price stability and world economic recovery
Hoskins, W. Lee (1991-07)
An assertion that central banks can promote long-term investment and stable economic growth only by guaranteeing price stability and that a coordinated global easing of monetary policies would damage central-bank credibility and jeopardize progress against inflation.
Economic Commentary , Issue Jul

Journal Article
A European system of central banks: observations from abroad
Hoskins, W. Lee (1990-11)
A proposal for establishing price stability as the sole objective of a European system of central banks.
Economic Commentary , Issue Nov

Journal Article
A critique of monetary protectionism
Hoskins, W. Lee; Humpage, Owen F. (1990-05)
An argument against attempts to achieve current-account objectives through monetary manipulation of nominal exchange rates, with an explanation of why such tampering--which for various reasons might appear politically attractive--ultimately harms economic welfare.
Economic Commentary , Issue May

Journal Article
A monetary policy for the 1990's
Hoskins, W. Lee (1990-05)
An argument that the Federal Reserve could improve the performance of the economy by committing to the long-term goal of price stability and by announcing a time frame within which to achieve it. The author explains his support of House Joint Resolution 409, which would mandate making price stability the major goal of Federal Reserve monetary policy.
Economic Commentary , Issue May

Journal Article
Some observations on central bank accountability
Hoskins, W. Lee (1991-10)
An analysis of the institutional design of the Federal Reserve System, stating that the central bank should be given a clear legislative mandate to achieve price-level stability and financial market efficiency, along with the independence and accountability necessary to realize these goals.
Economic Commentary , Issue Oct

Conference Paper
Regulatory reform, banks, and payment system developments
Hoskins, W. Lee (1996)
Proceedings , Paper 486

Journal Article
Breaking the inflation-recession cycle
Hoskins, W. Lee (1989-10)
A discussion of recessions, caused by inflationary monetary policies as well as nonmonetary surprises, and a prescription for attaining maximum sustainable economic growth.
Economic Commentary , Issue Oct