Volume 29, Number 2
May 1997
MONEY, CREDIT, AND BANKING LECTURE
Anna J. Schwartz, "From Obscurity to Notoriety: A
Biography of the Exchange Stabilization Fund" pp. 135-153
ARTICLES
René Garcia, Annamaria Lusardi, and Serena
Ng, "Excess Sensitivity and Asymmetries in Consumption: An Empirical Investigation,"
pp. 154-176
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Adrian R. Fleissig, "The Consumer Consumption
Conundrum: An Explanation," pp. 177-192
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Jennie E. Raymond and Robert W. Rich, "Oil and the
Macroeconomy: A Markov State-Switching Approach," pp. 193-213
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Jeffrey C. Fuhrer, "Inflation/Output Variance Trade-offs
and Optimal Monetary Policy," pp. 214-234
Narayana R. Kocherlakota and Kei-Mu Yi, "Is There
Endogenous Long-run Growth? Evidence from the United States and the United
Kingdom," pp. 235-262
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NOTES, COMMENTS, REPLIES
Ronald A. Ratti, "The Stabilizing Properties of a
Nominal GNP Rule," pp. 263-269
George Selgin and Lawrence H. White, "The Option
Clause in Scottish Banking," pp. 270-273
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