|
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
|
Buy Now
Monetary Policy on the 75th Anniversary of the Federal Reserve System - Proceedings of the Fourteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis (Hardcover, 1991 ed.)
Loot Price: R2,959
Discovery Miles 29 590
|
|
|
Monetary Policy on the 75th Anniversary of the Federal Reserve System - Proceedings of the Fourteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis (Hardcover, 1991 ed.)
Expected to ship within 10 - 15 working days
|
Donate to Against Period Poverty
Total price: R2,979
Discovery Miles: 29 790
|
When the 12 District Banks of the Federal Reserve System opened
their doors for business on November 16, 1914, few observers could
have foreseen the Fed's present role as a major, if not dominant,
player in U. S. and world economic policymaking. After all, two
previous attempts to create a central bank in this country had
ended in failure. Moreover, much of the economic theory and
institutional structure that have given rise to monetary policy's
influence in recent years were not yet in place. Indeed, it would
take the Fed more than 20 years to learn (by accident ) the power
of open market operations. Clearly, the modern Federal Reserve
System has found itself with powers and responsibilities that were
not envisioned by its founders. These proceedings from a conference
held at the Federal Reserve Bank of St. Louis on October 19-20,
1989, examine U. S. monetary policy from a variety of perspectives:
a historical review of how it has affected aggregate economic
performance; a positive analysis of why the Federal Reserve has
chosen particular policy strategies; a review of normative
arguments about what the Fed should pursue as its policy objective;
a critique of how the Fed's "output"-the flow of monetary services
in the U. S. economy-is measured; and, finally, a debate over the
Fed's ability to influence real economic activity by changing the
nominal quantity of money in circulation.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
