Board of Governors of the Federal Reserve System

1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND THE MONETARY BASE ...Reserve1 Total borrowings from the Federal Reserve 1. The Federal Reserve

$1.1 billion, of which more than one-half represented purchases of securities...data, but pre liminary indications suggested that sales had declined in

1.0 1.1 0.2 1.6 1.1 Nonbank commercial paper 0.2 0.7 0.9 0.6 -2.3 1/ Other...data on total loans and investments of commercial banks, commercial paper

1 and then making the scanned versions text-searchable.2 Though a stringent...1 I- 1 SUMMARY AND OUTLOOK Nonfinancial Recent economic data present a

data on auto sales, labor markets, and consumer confidence. Financial ...1.00 1.25 1.50 1.75 2.00 2.25 2.50 2.75 3.00 0.0 0.05 0.10 0.15 0.20 0.25

1 April 14, 1976 II -- T - 1 SELECTED DOMESTIC NONFINANCIAL DATA AVAILABLE...data. / At Annual rate. II - 1 DOMESTIC NONFINANCIAL DEVELOPMENTS Continued

1 1 Introduction We study optimal taxation in a dynamic stochastic general....1 While they assume that the mapping from climate change to damages is

1) M1 grew at a 4½ per cent annual rate in August, and data suggest some...1/8 to 6-1/4 per cent. On the basis of data for the aggregates that became

1 and then making the scanned versions text-searchable.2 Though a stringent...1 In some cases, original copies needed to be photocopied before being

1. (2) For October and November combined, data now available suggest that...data on total loans and investment of commercial banks, commercial paper