1997 FRBSF Economic Letter Index

• Explaining Trading Volume in Foreign Exchange: Lessons from Tokyo
  Number 97-38; December 26, 1997; Richard K. Lyons
  
  
• Financial Crises and Bank Supervision: New Directions for Japan?
  97-37; December 13, 1997; Michael Hutchison
  (Pacific Basin Notes)
  
  
• British Central Bank Independence and Inflation Expectations
  97-36; November 28, 1997; Mark M. Spiegel
  
  
• NAIRU: Is It Useful for Monetary Policy?
  97-35; November 21, 1997; John P. Judd
  
  
• Job Security Update
  97-34; November 14, 1997; Rob Valletta, Randy O'Toole
  
  
• Lessons from Thailand
  97-33; November 7, 1997; Ramon Moreno
  (Pacific Basin Notes)
  
  
• The October '87 Crash Ten Years Later
  97-32; October 31, 1997; Robert T. Parry
  
  
• Federal Subsidies in Banking: The Link to Financial Modernization
  97-31; October 24, 1997; Frederick Furlong
  (Western Banking Quarterly)
  
  
• Assessing the Benefits of Economic Growth
  97-30; October 17, 1997; Mary C. Daly
  
  
• A New Paradigm?
  97-29; October 10, 1997; Bharat Trehan
  
  
• Get Ready for Japanese Trade Deficits
  97-28; October 3, 1997; Kenneth Kasa
  (Pacific Basin Notes)
  
  
• What is the Optimal Rate of Inflation?
  97-27; September 19, 1997; Timothy Cogley
  
  
• The Old Lady of Threadneedle Street Gets Her Independence
  97-26; September 12, 1997; Carl E. Walsh
  
  
• Rising Wage Inequality in the U.S.
  97-25; September 5, 1997; Robert Valletta
  
  
• Labor Market Effects of Welfare Reform
  97-24; August 29, 1997; Mary Daly
  
  
• Fiscal Constraints in the EMU
  97-23; August 15, 1997; Mark Spiegel
  
  
• Banking System Developments in the Four Asian Tigers
  97-22; August 8, 1997; Chan Huh
  (Pacific Basin Notes)
  
  
• Recent Developments in Loan Loss Provisioning at U.S. Commercial Banks
  97-21; July 25, 1997; Simon Kwan and Randy O'Toole
  (Western Banking Quarterly)
  
  
• Government Intervention and the East Asian Miracle
  97-20; July 11, 1997; Reuven Glick and Ramon Moreno
  (Pacific Basin Notes)
  
  
• Deposits and Demographics?
  97-19; June 27, 1997; Elizabeth Laderman
  
  
• Interest Rates and Monetary Policy
  97-18; June 13, 1997; Glenn Rudebusch
  
  
• Dynamic Measures of Competitiveness: Are the Geese Still Flying in Formation?
  97-17; May 30, 1997; Andrew K. Rose
  (Pacific Basin Notes)
  
  
• Bias in the CPI: "Roughly Right or Precisely Wrong"
  97-16; May 23, 1997; Brian Motley
  
  
• Does Singapore Invest Too Much?
  97-15; May 15, 1997; Kenneth Kasa
  (Pacific Basin Notes)
  
  
• Proposals for Reforming Social Security
  97-14; May 9, 1997; Timothy Cogley and Heather Royer
  
  
• Job Creation and Destruction
  97-13; May 2, 1997; Prakash Loungani and Bharat Trehan
  
  
• Getting the Jump on Interstate Branching
  97-12; April 25, 1997; Fred Furlong
  (Western Banking Quarterly)
  
  
• Should Monetary Policy Focus on "Core" Inflation?
  97-11; April 18, 1997; Brian Motley
  
  
• Dealing with Currency Speculation in the Asian Pacific Basin
  97-10; April 11, 1997; Ramon Moreno
  (Pacific Basin Notes)
  
  
• The Costs of Managing Speculative Capital Inflows in the Pacific Basin
  97-09; March 28, 1997; Kenneth M. Kletzer
  (Pacific Basin Notes)
  
  
• Cracking the Glass-Steagall Barriers
  97-08; March 21, 1997; Simon Kwan
  
  
• The "Shrinking" Middle Class?
  97-07; March 7, 1997; Mary C. Daly
  
  
• Efficiency of U.S. Banking Firms - An Overview
  97-06; February 28, 1997; Simon Kwan
  
  
• Job Loss during the 1990s
  97-05; February 21, 1997; Rob Valletta
  
  
• Inflation Targeting
  97-04; February 7, 1997; Chan Huh
  
  
• Inequality in the United States
  97-03; January 31, 1997; Brian Motley
  
  
• Changes in Small Business Lending in the West
  97-02; January 24, 1997; Mark E. Levonian
  (Western Banking Quarterly)
  
  
• Nobel Views on Inflation and Unemployment
  97-01; January 10, 1997; Carl E. Walsh
  

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