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Subject:
HES: QUERY -- history of "crowding out"
From:
[log in to unmask] (Ross B. Emmett)
Date:
Fri Mar 31 17:19:10 2006
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----------------- HES POSTING ----------------- 
 
One of the very earliest pieces to both name and analyze "crowding  
out" specifically was by William Yohe and Dennis Karnovsy, around in  
the 1969-72 time frame, in the Federal Reserve Bank of St. Louis  
Bulletin, whatever it was called. It was the research department of the  
St. Louis Fed which really pushed the idea of crowding out onto the  
monetarist agenda. Yohe, Professor Emeritus at Duke, can be reached  
at [log in to unmask]    
 
E. Roy Weintraub 
Duke University 
 
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