Minutes of the Federal Open Market Committee and Its Executive Committee

Minutes of the Federal Open Market Committee and Its Executive Committee PDF Author: United States. Federal Open Market Committee
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 968

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Minutes of the Federal Open Market Committee and Its Executive Committee

Minutes of the Federal Open Market Committee and Its Executive Committee PDF Author: United States. Federal Open Market Committee
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 968

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Book Description


The Federal Reserve System Purposes and Functions

The Federal Reserve System Purposes and Functions PDF Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0

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Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.

О специфике швейцарской литературы, 2

О специфике швейцарской литературы, 2 PDF Author: Владимир Денисович Седельник
Publisher:
ISBN:
Category :
Languages : en
Pages : 12

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Committee Decisions on Monetary Policy

Committee Decisions on Monetary Policy PDF Author: Henry W. Chappell, Jr.
Publisher: MIT Press
ISBN: 9780262262200
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
An examination of how the policy preferences of individual members of the Federal Open Market Committee are translated into monetary policy decisions. In many countries, monetary policy decisions are made by committees. In the United States, these decisions are made by the Federal Reserve's Federal Open Market Committee (FOMC), which consists of the seven members of the Board of Governors and the presidents of the twelve district banks. This book examines the process by which the preferences of the FOMC's individual members are translated into collective policy choices. This focus on the aggregation of individual preferences into group decisions is unique and provides an important perspective on the evolution of monetary policy choices. To study decision making by the FOMC, the authors have used both formal voting records and detailed transcripts and summaries of deliberations contained in the committee's Memoranda of Discussion and FOMC Transcripts. The latter sources have been used to construct data sets describing individual committee members' policy preferences for the 1970-1978 and 1987-1996 periods when the FOMC was chaired by Arthur Burns and Alan Greenspan, respectively. These data are used to estimate monetary policy reaction functions for individual Committee members and to explore the role of majoritarian pressures, pressures for consensus, and the power of the chairman in collective decision making. The rich anecdotal evidence found in the Memoranda of Discussion and FOMC Transcripts inspires the narrative approach taken in two chapters, on the influence of political pressure on FOMC deliberations and on the relevance of the time inconsistency problem for the rise of inflation in the 1970s.

Transcript of Federal Open Market Committee Meeting

Transcript of Federal Open Market Committee Meeting PDF Author: United States. Federal Open Market Committee
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 704

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Transcripts of Federal Open Market Committee Meetings

Transcripts of Federal Open Market Committee Meetings PDF Author: United States. Federal Open Market Committee
Publisher:
ISBN:
Category : Open market operations
Languages : en
Pages :

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Deliberating American Monetary Policy

Deliberating American Monetary Policy PDF Author: Cheryl Schonhardt-Bailey
Publisher: MIT Press
ISBN: 0262019574
Category : Business & Economics
Languages : en
Pages : 537

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Book Description
American monetary policy is formulated by the Federal Reserve and overseen by Congress. Both policy making and oversight are deliberative processes, although the effect of this deliberation has been difficult to quantify. In this book, Cheryl Schonhardt-Bailey provides a systematic examination of deliberation on monetary policy from 1976 to 2008 by the Federal Reserve's Open Market Committee (FOMC) and House and Senate banking committees. Her innovative account employs automated textual analysis software to study the verbatim transcripts of FOMC meetings and congressional hearings; these empirical data are supplemented and supported by in-depth interviews with participants in these deliberations. The automated textual analysis measures the characteristic words, phrases, and arguments of committee members; the interviews offer a way to gauge the extent to which the empirical findings accord with the participants' personal experiences --

Stewards of the Market

Stewards of the Market PDF Author: Mitchel Y. Abolafia
Publisher:
ISBN: 0674980786
Category : United States
Languages : en
Pages : 225

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Book Description
"Mitchel Abolafia goes behind the scenes with the Federal Reserve's powerful Open Market Committee as it responded to the 2008-2009 financial crisis. Relying on verbatim transcripts of closed meetings, Abolafia shows how assumptions about self-correcting markets stymied the Fed and how its leaders came to embrace new ideas"--

Federal Open Market Committee

Federal Open Market Committee PDF Author: Board of Governors of the Federal Reserve System (U.S.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 16

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The Federal Open Market Committee

The Federal Open Market Committee PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 6

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Book Description