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After the Accord - A History of Federal Reserve Open Market Operations, the US Government Securities Market, and Treasury Debt Management from 1951 to 1979 (Hardcover)
Loot Price: R3,234
Discovery Miles 32 340
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After the Accord - A History of Federal Reserve Open Market Operations, the US Government Securities Market, and Treasury Debt Management from 1951 to 1979 (Hardcover)
Series: Studies in Macroeconomic History
Expected to ship within 12 - 17 working days
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In this book Garbade, a former analyst at a primary dealer and
researcher at the Federal Reserve Bank of New York, traces the
evolution of open market operations, Treasury debt management, and
the microstructure of the US government securities markets
following the 1951 Treasury-Federal Reserve. This volume examines
how these operations evolved, responding both to external forces
and to one another. Utilising a vast scope of primary material, the
work provides insight into how officials fashioned the instruments,
facilities, and procedures needed to advance their policy
objectives in light of their novel freedoms and responsibilities.
Students and scholars of macroeconomics, financial regulation, and
the history of central banking and the Federal Reserve will find
this volume a welcome addition to Garbade's earlier studies of
Treasury debt operations during World War I, the 1920s, and the
Great Depression and since 1983.
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