Search Results
Journal Article
A basic analysis of the new protectionism
A discussion of the costs associated with trade restraint, focusing on devices currently used or recently proposed in the United States.
Journal Article
In search of the elusive credit view: testing for a credit channel in modern Great Britain
An examination of the credit performance of the financial sector in the modern British economy, showing that problems in credit markets associated with debt and default/liquidation can disrupt the production of real financial services necessary to channel funds to efficient investment opportunities.
Journal Article
School reform, school size, and student achievement
An estimation of the effect of school size on student achievement, with the results suggesting that market-based school reform could enhance student performance if the reform reduced school size.
Journal Article
Comparing Central Banks' Rulebooks
A central bank's daylight overdraft and reserve requirement rules
Journal Article
Location and reinvestment: the Youngstown steel district
A look at Youngstown's decline as a major steel producing center, emphasizing the city's competitive disadvantages and weakened investment profile, but contending that the steel district remains viable.
Journal Article
Prevailing wage laws, the Federal Reserve, and the Service Contract Act
A discussion of the labor-market consequences of the Service Contract Act on Federal Reserve System costs and operations as they pertain to group transportation services.
Journal Article
Risk in large-dollar transfer systems
An examination of the concept of settlement risk, a description of the large-dollar payment system in the U.S., and an explanation of the increased concern about settlement risk.
Journal Article
Sources of change in rates of return on capital: 1952-1982
A reconsideration of the problem of a declining rate of return on capital. The emphasis is not on providing better numerical estimates of rates of return, but rather on identifying and quantifying the sources of change in the rates.
Journal Article
The implementation of industrial policy
Using the American experience with national economic planning during the two World Wars and the New Deal, the author discusses the ability of the government to implement a coordinated industrial policy.
Journal Article
Voluntary export restraints: the cost of building walls
An illustration of the cost and employment effects of Japanese voluntary export restraints on new-car imports to the U.S.