Essays in Monetary Policy in Honor of Elmer Wood PDF Download
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Author: University of Missouri
Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 154
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Book Description
Author: University of Missouri
Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 154
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Book Description
Author: University of Missouri
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 154
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Book Description
Author: Pinkney C. Walker
Publisher:
ISBN:
Category :
Languages : es
Pages : 0
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Book Description
Author: Nicolas Thompson
Publisher: State University of New York Press
ISBN: 1438482604
Category : Political Science
Languages : en
Pages : 255
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Book Description
Imagining the Fed traces a six-decade struggle to shape the Federal Reserve's policymaking organs, the Washington-based Board and the Federal Open Market Committee. Conventional wisdom holds that Congress ended the system's struggle in 1935 by granting the Board a voting majority on the open market committee, establishing its Fed primacy. Yet, this book shows that the Fed's struggle continued flaring to yield consequential changes until 1970, when the modern Fed emerged. Nicolas Thompson explores how the Fed's evolution from a weak and fragmented sprawl into the world's most powerful central bank paralleled broader changes in the American polity. The rise and fall of hegemonic political parties remade the Board and elevated its Fed position, while the wars of the twentieth century concentrated Fed power in New York. When peace returned, however, system agents inherited a central bank that veered from the law, inviting renewed struggle. This process continued into the 1960s, when an ascendant Democratic Party loaded the Board with economists, who remade it in their image. Later partisan choices to launch unfunded wars at home and abroad unleashed inflationary forces which severed the dollar's link to gold. Freed from its golden fetters, monetary policy emerged as a domestic policy realm and Fed power durably concentrated in a new Board technocracy.
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 164
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Book Description
Author: United States. Congress. House. Committee on Banking and Currency. Subcommittee on Domestic Finance
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 678
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Author: United States Congress. House. Banking and Currency Committee
Publisher:
ISBN:
Category :
Languages : en
Pages : 678
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Book Description
Author: George Macesich
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
Macesich traces the evolution of the debate over rules versus discretionary authority and discusses various methods that economists have proposed for constraining the monetary authority.
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 668
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Book Description
Author: United States. Federal Open Market Committee
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 1360
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