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Bank:Federal Reserve Bank of Kansas City 

Journal Article
Central bank perspectives on stabilization policy

For some time, the use of monetary and fiscal policies to smooth business cycle fluctuations has taken a back seat to longer term objectives of restoring price stability and fiscal balance. More recently, however, weaker economic performance in some of the world?s economies, most notably in Japan and the United States, has led to renewed interest in the use of short-run stabilization policy. ; This year the bank?s economic policy symposium, ?Rethinking Stabilization Policy,? explored the potential scope for stabilization policy in this new environment. The papers presented at the symposium ...
Economic Review , Volume 87 , Issue Q IV , Pages 5-14

Conference Paper
Economic policy for the information economy : general discussion : overview panel

Proceedings - Economic Policy Symposium - Jackson Hole

Conference Paper
The international role of the dollar

Proceedings - Economic Policy Symposium - Jackson Hole

Conference Paper
Africa : geography and growth

Proceedings - Economic Policy Symposium - Jackson Hole

Conference Paper
Policy lessons from the rest of the world

Proceedings – Rural and Agricultural Conferences , Issue Aug , Pages 187-197

Journal Article
The U.S. economy: a look ahead

In a speech made to the Missouri Bankers Association in January of this year, President Hoenig of the Federal Reserve Bank of Kansas City was optimistic about our economy's future. The strong performance of the U.S. economy in 1994 is likely to continue in 1995, but at a more moderate and sustainable pace. The long-run outlook for the economy is also very positive.> Achieving our economy's full potential in the coming years, however, should not be taken for granted. Rather, it will depend on how successful we are in promoting open international markets, encouraging savings and investment, and ...
Economic Review , Volume 80 , Issue Q I , Pages 19-22

Journal Article
Causes of the recent increase in bank security holdings

While bank security holdings have increased sharply in recent years, there is widespread disagreement about the significance of the increase. Some analysts argue that the increase is not a cause for concern because it results from temporary factors such as the business cycle. Others argue that the increase represents a permanent shift in bank portfolio preferences from loans to securities, which could cause banks to look more like mutual funds. If the latter view is true, small firms that rely on banks for credit may be unable to fund new investment. Moreover, monetary policy may be less able ...
Economic Review , Volume 79 , Issue Q II , Pages 45-57

Journal Article
Banking conditions in the Tenth District

Financial Industry Perspectives

Briefing
The U.S. retail payments system in transition : Federal Reserve initiatives

This article explores the changing landscape of U.S. retail payments: trends, the Fed's role, and the future of payments.
Payments System Research Briefing , Issue Aug

Conference Paper
Globalization and global disinflation : commentary

Proceedings - Economic Policy Symposium - Jackson Hole

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