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We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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Economic Research
We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

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We share research, data and resources and regularly engage regional leaders and policymakers to understand and address community‑specific economic issues.
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Economic Review

Nov/Dec, 1984

Base Drift and the Longer Run Growth of M1: Experience from a Decade of Monetary Targeting

J. Alfred Broaddus, Jr. and Marvin Goodfriend

Nov/Dec, 1984

A Monetarist Money Demand Function

Robert L. Hetzel

Nov/Dec, 1984

The Behavior of the M1 Demand Function in the Early 1980s

Robert L. Hetzel

Sep/Oct, 1984

An Investigation of Cash Management Practices and Their Effects on the Demand for Money

Sep/Oct, 1984

Algebraic Quantity Equations before Fisher and Pigou

Thomas M. Humphrey

Jul/Aug, 1984

The Fed's Mandate: Help or Hindrance?

Robert P. Black

Jul/Aug, 1984

The Tax Effect, and the Recent Behaviors of the After-Tax Real Rate: Is It Too High?

Jul/Aug, 1984

A Review of Bank Performance in the Fifth District, 1983

F. Ward McCarthy, Jr.

May/Jun, 1984

The Promises and Pitfalls of Contemporaneous Reserve Requirements for the Implementation of Monetary Policy

Marvin Goodfriend

May/Jun, 1984

On Nonneutral Relative Price Effects in Monetarist Thought: Some Austrian Misconceptions

Thomas M. Humphrey

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Tim Sablik