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Quarterly Reviews

The Quarterly Review, or QR, is the Research Division's peer-reviewed scholarly journal. It presents economic research aimed at improving policymaking by the Federal Reserve System and other governmental authorities. As of 2012, the Quarterly Review became an online-only journal.

Quarterly Review articles that are reprints or revisions of papers published elsewhere may not be reprinted without the written permission of the original publisher. All other Quarterly Review articles may be reprinted without charge. If you reprint an article, please fully credit the Federal Reserve Bank of Minneapolis as well as the Quarterly Review.

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