Journal Article
Reforming Social Security in theory and practice: proceedings of a Symposium held at the Federal Reserve Bank of St. Louis, April 11, 1997 ; edited by Patricia S. Pollard.
Pollard, Patricia S. (1998-03)
Review , Issue Mar

Journal Article
A look inside two central banks: the European Central Bank and the Federal Reserve
Pollard, Patricia S. (2003-01)
In 1998 the European Central Bank (ECB) became the world?s 173rd central bank. The Eurosystem, with its structure of national central banks and the ECB, is similar to the Federal Reserve System, with its District Banks and Board of Governors. However, important differences exist in the way the two systems operate. This article compares the organization and tasks of the two central banks by examining differences in their monetary policy frameworks, specifically focusing on the goals, tools, and policymaking process. In addition it examines the independence, accountability, and transparency of ...
Review , Volume 85 , Issue Jan , Pages 11-30

Journal Article
Trade between the United States and Eastern Europe
Pollard, Patricia S. (1994-07)
Review , Issue Jul , Pages 25-46

Journal Article
What drives large current account deficits?
Pollard, Patricia S.; Coughlin, Cletus C. (2001-05)
International Economic Trends , Issue May

Journal Article
Import prices and the exchange rate
Pollard, Patricia S. (2004-02)
International Economic Trends , Issue Feb

Journal Article
Going down: the Asian crisis and U.S. exports
Pollard, Patricia S.; Coughlin, Cletus C. (1999-03)
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
U.S. production abroad
Pollard, Patricia S. (2004-06)
National Economic Trends , Issue Jun

Journal Article
Central bank independence and economic performance
Pollard, Patricia S. (1993-07)
Review , Issue Jul , Pages 21-36

Journal Article
For here or to go? Purchasing power parity and the Big Mac
Pollard, Patricia S.; Pakko, Michael R. (1996-01)
Review , Volume 78 , Issue Jan , Pages 3-22

Working Paper
Pass-through estimates and the choice of an exchange rate index
Pollard, Patricia S.; Coughlin, Cletus C. (2003)
We examine exchange rate pass-through into U.S. import prices in 29 manufacturing industries using eight exchange rate indexes. These indexes vary by the number currencies included; whether the weight on each currency is based on total trade with the United States or solely imports; and, whether the weights vary by industry. Our results indicate that pass-through is generally incomplete but varies across industries. Moreover, pass-through is sensitive to the exchange rate index. Using bootstrapped J tests we show that major currency indexes perform better than their broad currency ...
Working Papers , Paper 2003-004