This book emphasizes the evolution of the Federal Reserve from a competitive to a monopolistic structure.Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
List of figures List of tables Preface 1. Introduction 2. Microeconomics of the reserve industry 3. Peculiar economics of the founding of the Fed 4. Interest on reserves and reserve smoothing in a correspondent banking system 5. Competitive open market operations 6. High tide of the Federal Reserve System? 7. The Fed, executive branch, and public finance, 1934-9 8. World War II financing 9. Historical lessons Notes References Index.
List of figures List of tables Preface 1. Introduction 2. Microeconomics of the reserve industry 3. Peculiar economics of the founding of the Fed 4. Interest on reserves and reserve smoothing in a correspondent banking system 5. Competitive open market operations 6. High tide of the Federal Reserve System? 7. The Fed, executive branch, and public finance, 1934-9 8. World War II financing 9. Historical lessons Notes References Index.
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