A copyofthe Federa l Reserve Bui I. I. TIN is senttoeach memher bank withou t charge : membe r banks desirin g additiona l copies may secure them at a specia.

 

A copyofthe Federa l Reserv e Bulletin is senttoeach member bank withou t charge ; membe r bunks desirin g additiona l copies may secure them.

 

PUBLICATION S COMMITTEELynn S. Fox, Chair D Jennifer J. Johnson •KarenH. Johnson • Stephen R. Malphrus •J. Virgi l Mattingly, Jr. • Vincent R. Reinhart • Dolores S. Smith.

 

Table of Contents655 THE LAUNCH OF THEEUROThe introduction on January 1, e singl e currenc y adopted by eleven ofthe fifteen countries of the Europea n Union — marked.

 

A copyofthe Federa l Reserv e Bulletin is senttoeach member bank withou t charge ; membe r banks desirin g additiona l copies may secure them.

 

Table of Contents761 CHANGES IN CONSUMER INSTALLMENT DEBT: EVIDENCE FROMTHE1983 AND 1986 SURVEYS OF CONSUMER FINANCESThis article uses survey data.

 

FEDERA L RESERV E.

 

PUBLICATION S COMMITTEELynn S. Fox, Chair • Marianne M. Emerson • Jennifer J. Johnson •KarenH. Johnson• Stephen R. Malphrus •J. Virgi l Mattingly, Jr. • Vincent R. Reinhart.

 

A »op nlihi- cilci. i l Ui -. i i vi 1 • i. • r II nN is si ill In iMrh iii-niiH1!li. mk U illini. 1 ilun : i-. mcinhr i h. ink s iN -oMI;1. kMiiimi. i ! copie s UI;L M:Iuir ilu in ;il ,i -- H I-NII Ml 0 1 annua l i;iU I In. 1 ii-j-uhi.

 

Table of Contents801 BANKING.

 

Table of Contents633 EXCHANGE RATES, ADJUSTMENT,AND THE J-CURVE Commentary on the monthl y trade statisticsoften implies that itisthe negativ e effects of a depreciatio.

 

Table of Contents769 PROGRESS TOWARD A EUROPEAN.

 

Table of Contents659.

 

Table of Contents797 EVALUATING INTERNATIONAL ECONOMIC POLICY WITH THE FEDERAL RESERVE S GLOBAL MODEL FRB/Global is a large-scal e developed and maintained by the Board.

 

PUBLICATION S COMMITTE E Rosann a Pianalt o Cameron , Chair • ScottG. Alvarez • Sandr a Braunstein •RogerT. Cole• Marianne M. Emerson • Jennifer J. Johnson.

 

FEDERA L RESERV E BOARDE x offici o members:A. W. MELLON , Secretary of the Treasury, Chairman. HENRYM. DAWES , Comptroller of the Currency. D. R. CRISSINGKR , Governor. EDMUN.

 

Table of Contents749 PUBLIC POLICY AND CAPITAL FORMATION A Syste m study finds thattheU. S. aggre-gate gross saving rate is probabl y adequate,but.

 

Table of Contents861 CHANGES IN FAMILY FINANCES FROM1989 TO 1992: EVIDENCE FROM THESURVEY OF CONSUMER available data of Consume r Finance s y available.

 

Table of Contents861 CHANGES IN FAMILY FINANCES FROM1989 TO 1992: EVIDENCE FROM THESURVEY OF CONSUMER available data of Consume r Finance s y available.

 

Table of Contents727 THE FEDERAL RESERVE BANKS AS FISCAL AGENTS AND DEPOSITORIESOF THE UNITED STATESThe Federa l Reserve, the nation s centralbank, isalsotheU. S. government.

 

Table of Contents917 GERMAN.

 

CONTENTS PAGE Review of the Month —Ownership of Bank Deposits. La w Department : Amendment to Regulation K. 92. 3 Foreig n Funds Control : Treasur y Departmen t Releases.

 

A copyofthe Federa l Reserv e Bulletin is senttoeach member bank withou t charge ; membe r banks desirin g additiona l copies may secure them.

 

EDITORIA L COMMITTE E Winfield W. Riefle r Woodlie f Thoma s Charle s MolonyRalph A. YoungSusanS. BurrTh e Federa l Reserv e.

 

FEDERA L RESERV E.

 

EDITORIA L COMMITTE E Charle s MolonyRalph A. Young Woodlie f Thomas Guy E. NoyesTh e Federa l Reserv e.

 

EDITORIA L COMMITTE E ELLIOT T THURSTO N WOODLIE F THOMAS CARL E. PARRYTh e Federa l Reserv e.

 

EDITORIA L COMMITTE E ELLIOT T THURSTO N WOODLIE F THOMAS CARL E. PARRYTh e Federa l Reserv e.

 

Table of Contents913 U. S. BRANCHES AND AGENCIES OF FOREIGN BANKS: A NEW LOOK Branches and agencies of foreig n bankshavebee n active in U. S. bankin g markets for thepast two decades.

 

Table of Contents755 BANK LENDING TO DEVELOPING COUNTRIES: RECENT DEVELOPMENTS AND SOME CONSIDERATIONS EOR THEFUTUREThe environment for international bank lending has undergone.

 

Table of Contents917 GERMAN.

 

Table of Contents633 EXCHANGE RATES, ADJUSTMENT,AND THE J-CURVE Commentary on the monthl y trade statisticsoften implies that itisthe negativ e effects of a depreciatio.

 

A copyofthe Federa l Reserve Bui I. I. TIN is senttoeach memher bank withou t charge : membe r banks desirin g additiona l copies may secure them at a specia.

 

i i 1. I I III I II II l IliI -I IJ II !I I ili-l l III!. nMlll. HI. ll -. i H. -- - 111. I S -. -. 111. I 111 III. -I I• I• v-. 1 SI. ,!. - -. 1,1. 1 II. i. -. I. I lll. Illt. • 111 I. I ill. I. I M ill. Ili l I. II. MMKIV IVlll! I -. K ,ul. I. I HI.

 

A copyofthe Federa l Reserv e Bulletin is senttoeach member bank withou t charge ; membe r bunks desirin g additiona l copies may secure them.

 

Table of Contents883 THE LOCATION OF U. S. CURRENCY: HOWMUCH IS ABROAD Federa l Reserve bank notesare widely used outside the Unite d States. Knowledge.

 

Table of Contents659.

 

A copyofthe Federa l Reserv e Bulletin is senttoeach member bank withou t charge ; membe r banks desirin g additiona l copies may secure them.

 

EDITORIA L COMMITTE E ELLIOT T THURSTO N WOODLIE F THOMA S WINFIELD W. RIEFLE R RALPHA. YOUNGTh e Federa l Reserv e.

 

Table of Contents797 EVALUATING INTERNATIONAL ECONOMIC POLICY WITH THE FEDERAL RESERVE S GLOBAL MODEL FRB/Global is a large-scal e developed and maintained by the Board.

 

Table of Contents727 THE FEDERAL RESERVE BANKS AS FISCAL AGENTS AND DEPOSITORIESOF THE UNITED STATESThe Federa l Reserve, the nation s centralbank, isalsotheU. S. government.

 

Table of Contents633 THE U. S. SYSTEM FOR MEASURING CROSS-BORDER INVESTMENT IN SECURITIES: A PRIMER WITH ADISCUSSION OF RECENT DEVELOPMENTSThe tremendou s growth in cross-borde r securi-ties.

 

Table of Contents665 PRODUCTIVITY DEVELOPMENTS ABROADThis articl e review s recen t productivit y trendsin foreig n industria l countries. The is on whethe r productivit y abroad.

 

EDITORIA L COMMITTE E Winfield W. Riefle r Woodlie f Thoma s Charle s MolonyRalph A. YoungSusanS. BurrTh e Federa l Reserv e.

 

Table of Contents761 CHANGES IN CONSUMER INSTALLMENT DEBT: EVIDENCE FROMTHE1983 AND 1986 SURVEYS OF CONSUMER FINANCESThis article uses survey data.

 

Table of Contents913 U. S. BRANCHES AND AGENCIES OF FOREIGN BANKS: A NEW LOOK Branches and agencies of foreig n bankshavebee n active in U. S. bankin g markets for thepast two decades.

 

A copyofthe Federa l Reserv e Bulletin is senttoeach member bank withou t charge ; membe r banks desirin g additiona l copies may secure them.

 

FEDERA L RESERV E BOARDE x offici o members:A. W. MELLON , Secretary of the Treasury, Chairman. HENRYM. DAWES , Comptroller of the Currency. D. R. CRISSINGKR , Governor. EDMUN.