Search Results
Journal Article
External adjustment and U.S. macroeconomic performance
Journal Article
Recent U.S. export performance in the developing world
U.S. exports to developing countries have grown remarkably in recent years, far outpacing our sales increases to the industrial world. The author seeks explanations for this strong performance in the traditional determinants of export growthrelative prices and income growthand in other factors linking world economic conditions to developing country demand for U.S. goods.
Journal Article
Japan's growth performance over the last decade
Journal Article
Prospects for the U.S. international travel deficit
Journal Article
Interest rate divergences among the major industrial nations
Journal Article
A comparison of monetary policy operating procedures in six industrial countries
The institutional environments in which central banks operate have become more alike over the past decade. The author examines the monetary policy operating procedures of the Federal Reserve and central banks in Japan, Germany, the United Kingdom, Canada, and Switzerland. In particular, he compares how monetary authorities in different countries have adapted their reserve management techniques to lower reserve requirements.