Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/springer-journals/a-century-of-monetary-policy-at-the-fed-growing-pains-being-born-after-jjSCZeyiWr
References (14)
-
Sayre Dykes, Michael Whitehouse (1989)
The establishment and evolution of the Federal Reserve Board: 1913-23Federal Reserve Bulletin, 75
-
A. Meltzer, C. Goodhart (2005)
A HISTORY OF THE FEDERAL RESERVEMacroeconomic Dynamics, 9
-
R. Hetzel (2008)
The Monetary Policy of the Federal Reserve: Bibliography -
Michael Bordo, W. Roberds (2013)
The Origins, History, and Future of the Federal Reserve: A Return to Jekyll Island -
J. Schumpeter, J. Keynes (1936)
The General Theory of Employment, Interest and Money.Journal of the American Statistical Association, 31
-
A. Lerner, M. Friedman (1961)
A Program for Monetary Stability.Journal of the American Statistical Association, 57
-
D. Kettl (1986)
Leadership at the Fed -
E. Wicker, P. Temin (1976)
Did Monetary Forces Cause the Great DepressionThe American Historical Review, 63
-
Barry Eichengreen (2014)
Hall of Mirrors: The Great Depression, the Great Recession, and the Uses-and Misuses-of HistoryOUP Catalogue
-
Richard Timberlake (1993)
Monetary Policy in the United States: An Intellectual and Institutional History -
L. Edie, W. Riefler (1931)
Money rates and money markets in the United StatesJournal of the American Statistical Association, 26
-
L. Ahamed (2009)
Lords of Finance: The Bankers Who Broke the World -
B. Bernanke (2000)
Essays on the Great Depression -
L. Cosmides, J. Tooby (1994)
Better than rational: Evolutionary psychology and the invisible handThe American Economic Review, 84
- Publisher
- Palgrave Macmillan US
- Copyright
- © The Editor(s) (if applicable) and The Author(s) 2016
- ISBN
- 978-1-349-88757-6
- Pages
- 19 –31
- DOI
- 10.1007/978-1-137-57859-4_2
- Publisher site
- See Chapter on Publisher Site
Abstract
[The Federal Reserve Act created a quasi-public entity that would establish an “elastic currency,” serve as the lender of last resort, mute the seasonal movements in interest rates, supervise member banks, manage the payments system, and encourage check clearing at par without charge.1 The law intended the new agency to foster much greater financial stability. This second chapter traces out the patterns of monetary policy during the first 22 years of the Fed’s existence.]
Published: Jan 29, 2016
Keywords: Interest Rate; Monetary Policy; Central Bank; Federal Reserve; Great Depression