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BUSINESS REVIEW CONTENTS 1978
Timothy Hannan Measuring Income Distribu
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100 North Sixth accounts adjust areas assets average Bank of Philadelphia bankers benefits Bull burden capital changes commercial banks competitive consumption tax contract corporate costs currency decline demand Department of Research deposits Deutsche mark dollar earnings economic economists effect efficiency employment eurocurrency eurodollar example exchange rate expected Federal Reserve Bank Federal Reserve System firms forecasts foreign funds futures contract hedge higher housing impact incentives income tax increase Independence Mall industry inflation rate interest rate futures investment labor layoff liabilities loan March 78 marginal tax rates market rates measure ment million monetary policy money growth mortgage North Sixth Street output payments pension percent Philadelphia Fed productivity profits property tax Proposition 13 rational expectations reduce regional regulation reserve requirements revenues rise savings sector subsidies supply tax cuts thrifts tion trading transit wage workers