A Century of Monetary Policy at the Fed - Ben Bernanke, Janet Yellen, and the Financial Crisis of 2008 (Hardcover, 1st ed. 2090)

In this narrative history, David E. Lindsey gives the reader a ringside seat to a century of policies at the US Federal Reserve. Alternating between broad historical strokes and deep dives into the significance of monetary issues and developments, Lindsey offers a fascinating look into monetary policymaking from the Fed's inception in 1913 to today. Lindsey's three decades of service on the Federal Reserve Board staff allow him to combine the heft of scholarship with an insider's perspective on how the recent chairmen's and current chairwoman's personalities and singular visions have shaped policy choices with far-reaching consequences. He critiques the performances of Chairman Ben Bernanke and Vice Chair Janet Yellen during the prelude, outbreak, and aftermath of the financial crisis of 2008, situating them in the context of the Fed's century-long history. He also quantitatively explores an alternative to the conventional New-Keynesian theory of inflation, replacing so-called "rational expectations" with the Fed's inflation objective. This unique volume is a piece of living history that has much to offer economists and monetary policy and finance professionals.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Release date:	2016
First published:	2016
Authors:	David E. Lindsey
Dimensions:	235 x 155 x 25mm (L x W x T)
Format:	Hardcover
Pages:	337
Edition:	1st ed. 2090
ISBN-13:	978-1-137-57858-7
Categories:	Books > Humanities > History > History of specific subjects > Economic history Books > Business & Economics > Economics > Macroeconomics > Monetary economics Books > History > History of specific subjects > Economic history
LSN:	1-137-57858-0
Barcode:	9781137578587

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