Federal Reserve Behavior, 1923-1931

Paperback Engels 2019 9781138089242
€ 56,56
Levertijd ± 11 werkdagen
Gratis verzonden

Samenvatting

The Federal Reserve System has been widely criticised for its response (or lack of response) to the economic and financial problems of 1928-1933. This period was one of frantic speculation followed by the collapse of the stock market, the banking system and the economy at large. How did the Fed let this happen, and was it to blame? This book, first published in 1993, carries out an in-depth statistical analysis of the relevant data supporting the various theories surrounding the Fed’s behaviour at the time, and is a key work in understanding the thinking of the period.

Specificaties

ISBN13:9781138089242
Taal:Engels
Bindwijze:Paperback
Aantal pagina's:214
Uitgever:Taylor & Francis Ltd
Thema:
1KBB Verenigde Staten van Amerika, VS
3MPBG Interbellum ca. 1919 tot ca. 1939
3MPBGH Ca. 1920 tot ca. 1929

Lezersrecensies

Wees de eerste die een lezersrecensie schrijft!

Inhoudsopgave

1. Introduction 2. Federal Reserve Behavior 2.1. Friedman and Schwartz’s Theory of Inconsistent Behavior 2.2. Wicker’s ‘International’ Theory 2.3. The ‘Domestic’ Theory of Brunner and Meltzer 2.4. Similarities and Differences in the Alternative Explanations 2.5. Criticism 2.6. More on Federal Reserve Theory 2.7. Summary 3. Federal Reserve Behavior: Quantification and Testing 3.1. The Assumption of a Disutility Function 3.2. The Two Models: An Overview 3.3. Model 1: The Short-Term Money Market As the Goal 3.4. Model 2: The Ultimate Target Variables As the Goals 3.5. The Time Period and the Data Used in Testing 3.6. Results of the Tests of Model 1 3.7. Results of the Tests of Model 2 3.8. Further Results and a Comment on Alternative Formulations 4. Summary

Managementboek Top 100

€ 56,56
Levertijd ongeveer 11 werkdagen
Gratis verzonden

Rubrieken

Producten

    Auteurs

      Trefwoorden

        Artikelen

          Federal Reserve Behavior, 1923-1931