FRBSF Economic Letter

1998 Issues

• Describing Fed Behavior
  98-38; December 25, 1998; John P. Judd and Glenn D. Rudebusch
  
  
• Can the Stock Market Save Social Security?
  98-37; December 11, 1998; Kevin Lansing
  
  
• Slower Growth in California: the Role of Manufacturing
  98-36; November 27, 1998; Mary Daly
  
  
• East Asia's Impact on Twelfth District Exports
  98-35; November 20, 1998; Rob Valletta
  
  
• Contractionary Effects of Devaluation
  98-34; November 13, 1998; Kenneth Kasa
  (Pacific Basin Notes)
  
  
• Responding to Asia's Crises
  98-33; Novermber 6, 1998; Ramon Moreno
  (Pacific Basin Notes)
  
  
• Risk and Return of Banks' Section 20 Securities Affiliates
  98-32; October 23, 1998; Simon Kwan
  (Western Banking Quarterly)
  
  
• How Fast Is Modern Economic Growth?
  98-31; October 16, 1998; J. Bradford DeLong
  
  
• Mortgage Interest Rates, Valuation, and Prepayment Risk
  98-30; October 9, 1998; Joe Mattey
  
  
• Income Inequality and Mortality Risk in the United States: Is There a Link?
  98-29; October 2, 1998; Mary C. Daly and Greg Duncan
  
  
• The Natural Rate, NAIRU, and Monetary Policy
  98-28; September 18, 1998; Carl E. Walsh
  
  
• Cities and Growth
  98-27; September 11, 1998; Kelly Ragan and Bharat Trehan
  
  
• Could Russia Have Learned from China?
  98-26; September 4, 1998; Kenneth Kasa
  (Pacific Basin Notes)
  
  
• How Do Currency Crises Spread?
  98-25; August 28, 1998; Reuven Glick and Andrew K. Rose
  (Pacific Basin Notes)
  
  
• What Caused East Asia's Financial Crisis?
  98-24; August 7, 1998; Ramon Moreno
  (Pacific Basin Notes)
  
  
• New View of Bank Consolidation
  98-23; July 24, 1998; Fred Furlong
  (Western Banking Quarterly)
  
  
• Capital Flows and Exchange Rates in the Pacific Basin
  98-22; July 17, 1998; Reuven Glick
  (Pacific Basin Notes)
  
  
• The Separation of Banking and Commerce
  98-21; July 3, 1998; John Krainer
  
  
• The Baby Boom, the Baby Bust, and Asset Markets
  98-20; June 26, 1998; Timothy Cogley and Heather Royer
  
  
• Does the Stock Market Prefer Republican Administrations?
  98-19; June 19, 1998; James R. Booth and Lena Chua Booth
  
  
• U.S. Inflation Targeting: Pro and Con
  98-18; May 29, 1998; Glenn D. Rudebusch and Carl E. Walsh
  
  
• Central Bank Inflation Targeting
  98-17; May 22, 1998; Glenn D. Rudebusch and Carl E. Walsh
  
  
• Reasons for Public Support of Research and Development
  98-16; May 15, 1998; Joe Mattey
  
  
• Financial Services in the New Century
  98-15; May 8, 1998; Robert T. Parry
  
  
• The Shadow of the Great Depression and the Inflation of the 1970s
  98-14; May 1, 1998; J. Bradford DeLong
  
  
• Bank Charters vs. Thrift Charters
  98-13; April 24, 1998; Simon Kwan
  (Western Banking Quarterly)
  
  
• Health Insurance and the U.S. Labor Market
  98-12; April 17, 1998; Tom Buchmueller, Rob Valletta
  
  
• Long-run Determinants of East Asian Real Exchange Rates
  98-11; April 10, 1998; Menzie David Chinn
  (Pacific Basin Notes)
  
  
• East Asia's Effect on the Twelfth District
  98-10; March 27, 1998; Mary Daly
  (Pacific Basin Notes)
  
  
• A Currency Board for Indonesia?
  98-09; March 20, 1998; Mark M. Speigel
  (Pacific Basin Notes)
  
  
• On the Transition to a Fully Funded Social Security System
  98-08; March 13, 1998; Timothy Cogley
  
  
• Is It Time to Look at M2 Again?
  98-07; March 6, 1998; Kelly Ragan, Bharat Trehan
  
  
• Prospects for the U.S. and California Economies
  98-06; February 27, 1998; Robert T. Parry
  
  
• The 1997 Nobel Prize in Economics
  98-05; February 13, 1998; John Krainer
  
  
• The New Output-Inflation Trade-off
  98-04; February 6, 1998; Carl E. Walsh
  
  
• The Budget Deficit
  98-03; January 30, 1998; J. Bradford DeLong
  
  
• Trends in Twelfth District Banking in 1997
  98-02; January 23, 1998; Elizabeth Laderman, Jennifer Martinez
  (Western Banking Quarterly)
  
  
• Export Competition and Contagious Currency Crises
  98-01; January 16, 1998; Chan Huh, Kenneth Kasa

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