Overview
Will give you the relevant background information needed to understand the current debate about the US banking system
Includes supplementary material: sn.pub/extras
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (11 chapters)
-
Front Matter
-
The Federal Reserve and Monetary Policy
-
Recovery, Growth, and Adaptation in U.S. Banking
-
Back Matter
Keywords
About this book
A concise analysis of the evolution of monetary policy and banking institutions over the past sixty years that stresses the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations. Institutions were influenced by increasing competition in markets and monetary policies. The book consists of two parts, which are organized chronologically. The first has chapters that correspond with terms of chairmen of the Federal Reserve Board. It critically analyzes decisions taken by the Federal Open Market Committee in each period and argues that innovations forced changes in the design and conduct of monetary policy. The second part analyzes how banking institutions evolved from a very conservative and regulated system in 1945 to highly inventive financial firms and how this evolution has affected the distribution of credit, wealth, and income in the US.
Authors and Affiliations
Bibliographic Information
Book Title: The Evolution of Monetary Policy and Banking in the US
Authors: Donald D. Hester
DOI: https://doi.org/10.1007/978-3-540-77794-6
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2008
Hardcover ISBN: 978-3-540-77793-9Published: 11 April 2008
Softcover ISBN: 978-3-642-09651-8Published: 19 October 2010
eBook ISBN: 978-3-540-77794-6Published: 30 March 2008
Edition Number: 1
Number of Pages: VIII, 206
Topics: Macroeconomics/Monetary Economics//Financial Economics, Public Economics