Journal Article
The demand for M2, opportunity cost, and financial change
Carlson, John B.; Parrott, Sharon E. (1991-04)
An analysis of the recent weakness in M2 growth that attempts to measure the opportunity cost of the aggregate more accurately and that explores the potential effects of the thrift industry restructuring on the adjustment of money demand to its long-run equilibrium level.
Economic Review , Volume 27 , Issue Q II , Pages 2-11

Journal Article
The effect of war expenditures on U.S. output
Parrott, Sharon E.; Carlstrom, Charles T.; Gokhale, Jagadeesh (1991-02)
A study of how war-related temporary increases in government expenditures affect real interest rates and output, with particular emphasis on the probable fiscal effects of the Persian Gulf War.
Economic Commentary , Issue Feb

Journal Article
Understanding the recent behavior of M2
Carlson, John B.; Parrott, Sharon E. (1991-06)
A discussion of the unanticipated weakness in the M2 monetary aggregate in recent years, suggesting that the shortfall may be largely attributable to the restructuring of the thrift industry, and an explanation of why economic models predicting M2 growth have had difficulty tracking this weakness.
Economic Commentary , Issue Jun