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Author:Pollard, Patricia S. 

Journal Article
Trade between the United States and Eastern Europe

Review , Issue Jul , Pages 25-46

Journal Article
Central bank independence and economic performance

Review , Issue Jul , Pages 21-36

Journal Article
Burgernomics: a big MacT guide to purchasing power parity

The theory of purchasing power parity (PPP) has long been a staple of international economic analysis. Recent years have seen the rise in popularity of a tongue-in-cheek, fast-food version of PPP: The Big Mac? index. In this article, Michael Pakko and Patricia Pollard describe how comparisons of Big Mac prices around the world contain the ingredients necessary to demonstrate the fundamental principles of PPP. They show that the Big Mac index does nearly as well as more comprehensive measures of international price comparisons and that deviations from ?McParity? illustrate why PPP often ...
Review , Volume 85 , Issue Nov , Pages 9-28

Journal Article
The unemployment rate: a reliable statistic?

National Economic Trends , Issue Jun

Journal Article
The Euro: new currency and new data

International Economic Trends , Issue May

Journal Article
Going down: the Asian crisis and U.S. exports

The Asian financial and economic crisis has attracted much attention to the trade links among the United States and countries throughout Asia. Until the crisis, U.S. exports to East Asia were growing rapidly. In this article, Patricia S. Pollard and Cletus C. Coughlin examine the abrupt decline in exports and provide estimates of the sizes of the export shock both to the U.S. economy as a whole and to specific sectors. More than half the industries they studied experienced declines in exports to East Asia of more than 15 percent; however, focusing solely on the export data overstates the ...
Review , Issue Mar , Pages 33-46

Journal Article
The creation of the Euro and the role of the dollar in international markets

Through the post-World War II period, the U.S. dollar has been the leading currency used in international trade and debt contracts. With the creation of the euro, the dollar may finally face a challenge to its dominance in international markets. This article examines the likely effects of the euro on the international use of the dollar. Moreover, the article considers the implications for the United States and the euro area of a rise in the use of the euro and consequent fall in the use of the dollar internationally.
Review , Volume 83 , Issue May

Journal Article
State exports and the Asian crisis

The Asian crisis caused a decline in most states' exports of manufactured goods to East Asia during 1998, but the severity of the decline varied across states. In this article, Cletus C. Coughlin and Patricia S. Pollard estimate the size of this export shock for all states. Primarily because western states tend to be more dependent on East Asian markets for export sales, they were hit the hardest by the sharp reduction in Asian demand for U.S.-produced manufactured goods. Of the states in which the decline in exports to East Asia lowered the growth of manufacturing output by more than one ...
Review , Volume 82 , Issue Jan , Pages 3-14

Journal Article
Reforming Social Security: a welfare analysis

Review , Issue Mar , Pages 19-30

Journal Article
The crisis that wasn't: Asia and the Eighth District

The East Asian financial crisis sent economies world wide reeling. So how did the Eighth District remain relatively unscathed?
The Regional Economist , Issue Jan , Pages 12-13

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