Working Paper
The marginal income tax rate schedule from 1930 to 1990
Rush, Mark; Hakkio, Craig S.; Schmidt, Timothy J. (1993)
Research Working Paper , Paper 93-12

Working Paper
Stock market dispersion and real economic activity: evidence from quarterly data
Rush, Mark; Loungani, Prakash; Tave, William (1990)
Working Paper Series, Macroeconomic Issues , Paper 90-15

Discussion Paper
Real exchange rates under the gold standard
Husted, Steven; Diebold, Francis X.; Rush, Mark (1990)
Purchasing power parity is one of the most important equilibrium conditions in international macroeconomics. Empirically, it is also one of the most hotly contested. Numerous recent studies, for example, have sought to determine the validity of purchasing power parity using data from the post-Bretton-Woods float and have reached different conclusions. We assert that most such studies are flawed for two reasons. First, the post-1973 data contain, by definition, only a very limited amount of the low-frequency information relevant for examination of long-run parity. Second, the dynamic ...
Discussion Paper / Institute for Empirical Macroeconomics , Paper 32

Working Paper
The effect of changes in reserve requirements on investment and GNP
Rush, Mark; Loungani, Prakash (1994)
This paper provides evidence on the importance of the credit channel in the transmission of monetary policy. Changes in reserve requirements are used to measure "credit shocks." Reserve requirement changes are often made for regulatory reasons, and hence provide a more exogenous measure of credit shocks than the measures used in previous tests. To distinguish between the "money" and "credit" channels, the significance of the reserve requirements variable is studied in an empirical model that includes other monetary aggregates (either the monetary base or M1). We find that an increase in ...
International Finance Discussion Papers , Paper 471

Working Paper
The role of the discount rate in monetary policy
Rush, Mark; Sellon, Gordon H.; Zhu, Li (1994)
Research Working Paper , Paper 94-01

Journal Article
Stock market dispersion and business cycles
Rush, Mark; Loungani, Prakash; Tave, William (1991-01)
Economic Perspectives , Volume 15 , Issue Jan , Pages 2-8

Journal Article
Overstated effects from tax reform?
Rush, Mark (1986-09)
Financial Letters , Issue Sep

Working Paper
The effect of changes in reserve requirements on investment and GNP
Rush, Mark; Loungani, Prakash (1991)
Working Paper Series, Macroeconomic Issues , Paper 91-21

Working Paper
Sectoral shifts in interwar Britain
Rush, Mark; Loungani, Prakash (1990)
Working Paper Series, Macroeconomic Issues , Paper 90-7

Working Paper
Cointegration: how short is the long run?
Rush, Mark; Hakkio, Craig S. (1990)
Research Working Paper , Paper 90-08