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To: pater tenebrarum who wrote (67918)	10/11/1999 5:28:00 PM
From: hunchback	Read Replies (1) of 86076

If you have the time, and like this sort of thing, here are some interesting links: 1) Do the Spreads Between the E/P Ratio and Interest Rates Contain Information on Future Equity Market Movements? kc.frb.org 2) A Welfare Comparison of Pre- and Post-WWII Business Cycles: Some Implications for the Role of Postwar Macroeconomic Policies phil.frb.org 3) What Explains the Dramatic Changes in Cost and Profit Performance of the U.S. Banking Industry? phil.frb.org 4) The Distributional Consequences of Monetary Policy: Evidence from Malaysia worldbank.org 5) The use of financial market indicators by monetary authorities olis.oecd.org 6) Federal Reserve Bank Board of Governors (FRB BOG) US Reserve Assets and Foreign Official Assets Held at Federal Reserve Banks bog.frb.fed.us 7) Hazards and Precautions: Tales of International Finance iie.com 8) "The Geography of the New Economy" (chapter 1 of a web text) -- rri.wvu.edu -- presents today's "new economy" as a Kondratieff wave in the sense that Schumpeter and Kuznets (in a 1940 AER review of Schumpeter's Business Cycles) meant. That is: There is new economy, the digital economy, but it is one of a series of "new economies" that transform capitalism every 50 years or so. *** I got them from csf.colorado.edu

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