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Bank:Federal Reserve Bank of Kansas City 

Journal Article
Federal deficits and the stock market

Empirical evidence shows that federal budget deficits have historically tended to increase stock market prices. Because deficits rose to unprecedented levels in the 1980s, however, increasing concern about their impact on interest rates and inflation may have contributed to the October 1987 decline in stock prices.
Economic Review , Volume 73 , Issue Apr , Pages 17-27

Journal Article
Will high farmland values hold?

Main Street Economist , Issue 6

Conference Paper
Recent developments in Czechoslovakia

Proceedings - Economic Policy Symposium - Jackson Hole

Conference Paper
Panel remarks: global aspects of unconventional monetary policies

Proceedings - Economic Policy Symposium - Jackson Hole

Conference Paper
Opening remarks : new challenges for monetary policy

Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
Are mergers responsible for the surge in new bank charters?

After stagnating for many years, the rate of new bank formation increased sharply in the second half of the 1990s. The financial press attributes this development to the high volume of bank mergers, which are said to have encouraged new entry by reducing service to some bank customers. It is commonly asserted, for example, that many new banks serve small businesses whose banks were taken over by larger banks uninterested in making small business loans. Most banking experts agree that such an increase in new banks in response to mergers would be healthy, helping maintain competition in local ...
Economic Review , Volume 85 , Issue Q I , Pages 21-41

Journal Article
Shifts in economic geography and their causes

Recent decades have seen momentous changes in the economic geography of the world. Political transitions and economic liberalization have brought formerly closed countries into the world economy. Such changes have challenged our understanding of the location of economic activity and of the determinants of changes in the pattern of location. ; In a presentation at the Federal Reserve Bank of Kansas City?s 2006 economic symposium, ?The New Economic Geography: Effects and Policy Implications,? Venables explored how a new economic geography perspective provides a number of additional insights ...
Economic Review , Volume 91 , Issue Q IV , Pages 61-85

Journal Article
The farm economy turns down

Economic Review , Volume 77 , Issue Q I , Pages 19-32

Journal Article
Small banks and the federal funds market

Economic Review , Volume 64 , Issue Nov , Pages 3-12

Journal Article
Interstate banking - what are the competitive effects?

Financial Industry Perspectives

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