Quarterly Review
A journal covering economic and financial market issues. The predecessor to the Economic Policy Review, the Quarterly Review was published from 1976 to 1994.
Browse Quarterly Review:
1993 Articles
Volume 18, Number 1 Spring

The Role of the Credit Slowdown in the Recent Recession
IntroductionPDF2 pages / 145 kb

Perspective on the Credit SlowdownPDF34 pages / 2,938 kb
Richard Cantor and John Wenninger

Comments on "Perspective on the Credit Slowdown"
The Minsky Cycle in Action: But Why?

PDF3 pages / 288 kb
Benjamin M. Friedman
Financial and Credit Cycles—Generic or Episodic?
PDF6 pages / 603 kb
Allen Sinai
Not A Blown FusePDF4 pages / 373 kb
Albert M. Wojnilower

Credit in the MacroeconomyPDF21 pages / 2,340 kb
Ben S. Bernanke

Comments on "Credit in the Macroeconomy"
The Role of Credit in Economic Activity
PDF6 pages / 569 kb
David M. Jones
On the Non-Neutrality of MoneyPDF6 pages / 656 kb
Hyman Minsky
Credit Veils and Credit RealitiesPDF3 pages / 326 kb
William Poole

Official Surveillance and Oversight of the Government Securities MarketPDF3 pages / 223 kb
William J. McDonough

Monetary Policy and Open Market Operations during 1992
PDF26 pages / 2,310 kb
William J. McDonough

Volume 18, Number 2 Summer

A Historical Perspective on the 1989-92 Slow Growth Period
David Brauer

Recent Developments in New York City's Economy
Rae D. Rosen

Securitization, Loan Sales, and the Credit Slowdown
Richard Cantor and Rebecca Demsetz

Government Securities Investments of Commercial Banks
Anthony Rodrigues

Emerging Equity Markets in the Global Economy
John Mullin

Treasury and Federal Reserve Foreign Exchange Operations February-April 1993PDF4 pages / 236 kb
William J. McDonough
Volume 18, Number 3Autumn

The Global Derivatives Market
William J. McDonough

Recent Trade Liberalization in Developing Countries:
The Effects on Global Trade and Output

Susan Hickok

The Dollar and U.S. Imports after 1985
Thomas Klitgaard

Update on the Second District's Economy
Rae D. Rosen

U.S.-Japan Relations
William J. McDonough
Treasury and Federal Reserve Foreign Exchange Operations May-July 1993PDF5 pages / 297 kb
Margaret L. Greene
Volume 18, Number 4 Winter

Causes and Consequences of the 1989-92 Credit Slowdown: Overview and Perspective
M. A. Akhtar

International Interest Rate Convergence:
A Survey of the Issues and Evidence

Charles A. Pigott

Debt Reduction and Market Reentry under the Brady Plan
John Clark

Index Amortizing Rate Swaps
Lisa N. Galaif

The Pricing and Hedging of Index Amortizing Rate Swaps
Julia D. Fernald

Recent Trends in Commercial Bank Loan Sales
Rebecca Demsetz

Treasury and Federal Reserve Foreign Exchange Operations August-October 1993PDF5 pages / 213 kb
Peter R. Fisher
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