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Series:Proceedings 

Conference Paper
Monetary and financial interaction in the business cycle

Proceedings

Conference Paper
An empirical evaluation of the McKinnon proposal

Proceedings , Issue Aug , Pages 61-80

Conference Paper
The stock market and capital accumulation

The value of a firm's securities measures the value of the firm's productive assets. If the assets include only capital goods and not a permanent monopoly franchise, the value of the securities measures the value of the capital. Finally, if the price of the capital can be measured or inferred, the quantity of the firm's capital is the value divided by the price. A standard model of adjustment costs enables the inference of the price of installed capital. I explore the implications of the proposition using data from U.S. non-farm, non-financial corporations over the past 50 years. The data ...
Proceedings , Issue Apr

Conference Paper
Dollars and deficits: where do we go from here?

Proceedings , Issue Feb

Conference Paper
Remarks: some thoughts on systemic risk

Proceedings

Conference Paper
The role of mortgage banks in the Chicago metropolitan area

Proceedings , Paper 418

Conference Paper
An IMF perspective on the challenges and opportunities of the Basel II

Proceedings , Paper 1059

Conference Paper
The future of the insurance industry

Proceedings , Paper 388

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