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Economics Update

July-September 1995, Volume 8, Number 3

Economics Update
July-September 1995, Volume 8, Number 3

Contents

INTERNATIONAL FOCUS:
Recession, Loan Decisions Lead To Japan's Banking Problem
Michael J. Chriszt, Senior Economic Analyst
Page 1

Bank Mergers May Hurt Small Business Lending, But Credit Scoring May Ease Access to Wider Markets
Page 2

Demographic Changes Produce New Work-Force Issues
Page 3

ROSTRUM:
Economist Warns Against Isolationism in Global Marketplace
Murray Weidenbaum, Washington University, St. Louis
Page 4

Longer Horizon Reduces the Accuracy of Inflation Forecasts
Page 5

Options Offer Clue to Market Expectations
Page 5

DOLLAR INDEX:
Dollar Rises for Fifth Consecutive Month
Page 7
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