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Federal Reserve Membership and Monetary Control

Description: This report discusses the current state of monetary policy. Questions about the continued capability of the Federal Reserve System (FRS) to exercise effective monetary control were raised in connection with several developments over recent years that diminished, in relative terms, the deposit component of the stock of money over which the FRS maintained reserve requirement controls. The Monetary Control Act, Title 1 of P.L. 96-221 was designed to ensure that the FRS as ability to conduct moneta… more
Date: January 12, 1981
Creator: White, Roger
Partner: UNT Libraries Government Documents Department
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A Summary of Prevailing Views on the Sources of Inflation

Description: It is the purpose of this paper to present the range of viewpoints concerning the causes of inflation. Inflation is defined and distinguished from changes' in relative prices. The Monetarist, Post-Keynesian, and neo-Keynesian positions are discussed to illustrate the variety of perceptions as to the sources of sustained increases in the general price level.
Date: January 30, 1981
Creator: Cashell, Brian W.
Partner: UNT Libraries Government Documents Department
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China's Prospects After Tiananmen Square: Current Conditions, Future Scenarios, and a Survey of Expert Opinion

Description: Since the violent military crackdown around Tiananmen Square, most Western observers have struggled to understand and explain three major questions concerning the Chinese situation: first, why a forward-looking and reform-minded Chinese leadership chose such violent force over a more accommodating approach toward the peaceful public protests of June 1989; second, how to assess current political and economic conditions in China in light of Tiananmen Square; and third, what the events of the last… more
Date: January 15, 1991
Creator: Dumbaugh, Kerry; Kan, Shirley A. & Sutter, Robert G.
Partner: UNT Libraries Government Documents Department
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The Former Soviet Union and U.S. Foreign Aid: Implementing the Assistance Program, 1992-1994

Description: In fiscal year 1994, the new states of the former Soviet Union became collectively the second largest recipient of U.S. foreign assistance made available from all sources. Whether and how the assistance program is helping to bring about democratic systems and free market economies is increasingly a question of interest to Congress and the public at large.
Date: January 18, 1995
Creator: Tarnoff, Curt
Partner: UNT Libraries Government Documents Department
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Air Quality and Vehicle Emission Standards: An Overview of the National Low Emission Vehicle Program and Related Issues

Description: This report provides background information on federal emission standards for motor vehicles under the Clean Air Act and stricter standards originally developed to address the severity of air quality problems in California, explains the low emission standards and flexible compliance mechanisms to which states and manufacturers have voluntarily agreed under the National Low Emission Vehicle (LEV) Program, discusses the Environmental Protection Agency's (EPA) estimates of the program's air qualit… more
Date: January 4, 1999
Creator: Bearden, David M.
Partner: UNT Libraries Government Documents Department
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Environmental Reauthorizations and Regulatory Reform: From the 104th Congress to the 106th

Description: The 104th Congress pursued efforts to reform environmental regulations on several fronts: (1) revising regulatory decision making processes; (2) attaching specific reforms to funding bills; (3) establishing a House corrections day calendar of bills addressing specific regulatory problems; and (4) incorporating regulatory reforms into individual program reauthorization bills. The 105th Congress has pursued regulatory reform in four primary directions: (1) proposals to establish a comprehensive c… more
Date: January 8, 1999
Creator: Blodgett, John E.
Partner: UNT Libraries Government Documents Department
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Nationwide Permits for Wetlands Projects: Permit 26 and Other Issues and Controversies

Description: Nationwide permits of the U.S Army Corps of Engineers authorize certain types of projects in wetlands and other waters and are a key means of minimizing the regulatory burden on landowners This report discusses the nationwide permits reissued in 1996, focusing on one of the most controversial permits (number 26), and a July 1998 proposal to modify nationwide permit 26 further. The revised permits and a federal court decision that invalidated certain Corps' regulations could be impetus for congr… more
Date: January 21, 1999
Creator: Copeland, Claudia
Partner: UNT Libraries Government Documents Department
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Inflation and the Real Minimum Wage: Fact Sheet

Description: Because the minimum wage is not indexed to the price level, it has been legislatively increased from time to time to make up for the loss in its real value due to inflation. In nominal terms, the minimum wage has risen steadily since 1938 from 25 cents an hour to $5.15 where it now stands. But the legislated adjustments to the minimum wage have occurred at irregular intervals. As a result, there has been significant variation in the purchasing power of the minimum wage.
Date: January 27, 1999
Creator: Cashell, Brian W.
Partner: UNT Libraries Government Documents Department
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Authority of the Federal Energy Regulatory Commission to Fix Electricity Rates and Charges and to Require Refund Payments by a Public Utility

Description: Sections 205 and 206 of the Federal Power Act concern rates and charges collected by a public utility in transmitting or selling electric energy in interstate commerce. These rates and charges are required to be just and reasonable. States retain jurisdiction over facilities for generation, distribution, or transmission of electric energy in intrastate commerce. The Commission has the authority to determine that an existing rate is unjust or unreasonable and set a new rate. In certain situation… more
Date: January 9, 2001
Creator: Seitzinger, Michael V.
Partner: UNT Libraries Government Documents Department
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Broadband Internet Access: Background and Issues

Description: From a public policy perspective, the goals are to ensure that broadband deployment is timely, that industry competes fairly, and that service is provided to all sectors and geographical locations of American society. The federal government -- through Congress and the Federal Communications Commission (FCC) -- is seeking to ensure fair competition among the players so that broadband will be available and affordable in a timely manner to all Americans who want it. While the FCC's position is not… more
Date: January 10, 2001
Creator: Kruger, Lennard G. & Gilroy, Angele A.
Partner: UNT Libraries Government Documents Department
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Diesel Fuel and Engines: An Analysis of EPA's New Regulations

Description: This report reviews the final regulations on diesel fuel and diesel engine emissions signed by Environmental Protection Agency Administrator Carol Browner December 21, 2000 and promulgated January 18, 2001. This report examines the rule’s potential impacts on fuel supply, summarizes the issues related to pollution controls, discusses potential impacts on the economy, and discusses issues raised by the timing and implementation schedule of the proposed rule.
Date: January 12, 2001
Creator: Yacobucci, Brent D.; McCarthy, James E.; Fischer, John W.; Segarra, Alejandro E. & Kumins, Lawrence C.
Partner: UNT Libraries Government Documents Department
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Ergonomics in the Workplace: Is It Time for an OSHA Standard?

Description: Improper ergonomic design of jobs is one of the leading causes of work-related illness, accounting for perhaps a third of employers’ costs under state workers’ compensation laws. Due to the wide variety of circumstances, however, any comprehensive standard would probably have to be complex and costly, while scientific understanding of the problem is not complete.
Date: January 16, 2001
Creator: Rappaport, Edward B.
Partner: UNT Libraries Government Documents Department
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Economic Development Administration: Overview and Issues

Description: The Economic Development Administration (EDA), targeted for elimination or major “reinvention” early in the 104th Congress, gained a new lease on life in the waning days of the 105th. Having been kept alive via appropriations bills since its last authorizing legislation expired in 1982, P.L. 105-393 reauthorized the EDA and its programs for 5 years. On October 27, Congress approved a conference agreement recommending $286.7 million for EDAP and $28 million for S&E, for a totalFY2001 appropriati… more
Date: January 17, 2001
Creator: Mulock, Bruce K.
Partner: UNT Libraries Government Documents Department
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The New Economic Paradigm: Is It New and Is It a Paradigm?

Description: How fast the economy can grow is of interest to Congress for at least three reasons. First, it directly affects the fiscal position of the government. Second, it influences the posture that should be taken by monetary policy, an oversight responsibility of Congress. Third, it influences the growth in the material well-being of Americans, a direct concern of Congress.
Date: January 19, 2001
Creator: Labonte, Marc & Makinen, Gail
Partner: UNT Libraries Government Documents Department
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