000 02828nam a22004455i 4500
001 978-3-540-77794-6
003 DE-He213
005 20161121231004.0
007 cr nn 008mamaa
008 100301s2008 gw | s |||| 0|eng d
020 _a9783540777946
_9978-3-540-77794-6
024 7 _a10.1007/978-3-540-77794-6
_2doi
050 4 _aHB172.5
072 7 _aKCB
_2bicssc
072 7 _aKCBM
_2bicssc
072 7 _aBUS039000
_2bisacsh
072 7 _aBUS045000
_2bisacsh
082 0 4 _a339
_223
100 1 _aHester, Donald D.
_eauthor.
245 1 4 _aThe Evolution of Monetary Policy and Banking in the US
_h[electronic resource] /
_cby Donald D. Hester.
264 1 _aBerlin, Heidelberg :
_bSpringer Berlin Heidelberg,
_c2008.
300 _aVIII, 206 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aThe Federal Reserve and Monetary Policy -- Marriner S. Eccles and Thomas B. McCabe: 1945–1951 -- William McChesney Martin, Jr. 1951–1970 -- Arthur F. Burns and G. William Miller: 1970–1979 -- Paul A. Volcker: 1979–1987 -- Alan Greenspan: 1987–2006 -- Benjamin S. Bernanke 2006– -- Overview and Summary of Part 1 -- Recovery, Growth, and Adaptation in U.S. Banking -- Introduction: The First Twenty-Five Years -- Resolution: 1971–2007 -- Overview and Summary of Part 2.
520 _aA 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.
650 0 _aMacroeconomics.
650 0 _aPublic finance.
650 1 4 _aEconomics.
650 2 4 _aMacroeconomics/Monetary Economics//Financial Economics.
650 2 4 _aPublic Economics.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783540777939
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-540-77794-6
912 _aZDB-2-SBE
950 _aBusiness and Economics (Springer-11643)
999 _c506885
_d506885