
Vol. 85, No. 2
Second Quarter 2000

Bank Loan-Loss Accounting: A Review of Theoretical and Empirical Evidence
Larry D. Wall and Timothy W. Koch
This article focuses on the extent to which securities regulators and bank supervisors should be concerned about banks' accounting.

Central Bank Forecasting: An International Comparison
John C. Robertson
Forecasts, whether explicit or implicit, are at the heart of policy making. In considering forecasting for monetary policy, this article contrasts the forecasting processes at three central banks: the Reserve Bank of New Zealand, the Bank of England, and the U.S. Federal Reserve.

Are Displaced Workers Now Finished at Age Forty?
Daniel Rodriguez and Madeline Zavodny
The conventional wisdom that middle-aged workers face an increased risk of being displaced and increased difficulties after displacement is partially borne out by this article's analysis.

Atlanta Fed Conference on Fiscal Policy in Latin America
Robert Eisenbeis
Recognizing the increasingly global setting in which the Federal Reserve carries out its responsibilities, in late 1999 the Federal Reserve Bank of Atlanta sponsored a conference on sustainable public sector finance in Latin America.