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Author:Hoskins, W. Lee 

Journal Article
A critique of monetary protectionism

An argument against attempts to achieve current-account objectives through monetary manipulation of nominal exchange rates, with an explanation of why such tampering--which for various reasons might appear politically attractive--ultimately harms economic welfare.
Economic Commentary , Issue May

Journal Article
The influence of monetary policy on commercial banking

Business Review , Issue Jul , Pages 3-17

Journal Article
Statement to Congress, February 6, 1990 (price stability)

Federal Reserve Bulletin , Issue Mar , Pages 135-142

Journal Article
Payment system risk and financial reform

An opinion by Cleveland Federal Reserve Bank President W. Lee Hoskins that shrinking the federal safety net, including the payments system, must be a precondition of financial reform in the United States.
Economic Commentary , Issue Aug

Journal Article
A European system of central banks: observations from abroad

A proposal for establishing price stability as the sole objective of a European system of central banks.
Economic Commentary , Issue Nov

Journal Article
International developments and monetary policy

A discussion of the problems associated with redressing global trade imbalances and why a monetary policy committed to international price stability is necessary in order to reform our international accounts and foster a healthy economic environment.
Economic Commentary , Issue Apr

Journal Article
Views on monetary policy

Review , Issue Mar , Pages 43-55

Journal Article
Defending zero inflation: all for naught

A response by the Federal Reserve Bank of Cleveland president to critics of his continuing advocacy of zero inflation as the overriding objective of monetary policy.
Economic Commentary , Issue Apr

Journal Article
A monetary policy for the 1990's

An argument that the Federal Reserve could improve the performance of the economy by committing to the long-term goal of price stability and by announcing a time frame within which to achieve it. The author explains his support of House Joint Resolution 409, which would mandate making price stability the major goal of Federal Reserve monetary policy.
Economic Commentary , Issue May

Journal Article
Price stability and regional diversity

An argument against using short-term monetary policy to alleviate regional economic shocks and an analysis of how regional economic diversity lends strength to the goal of price stability as the Federal Reserve System's sole monetary policy focus.
Economic Commentary , Issue May

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