Federal Reserve Policy Reappraised, 1951–1959 / / Daniel S. Ahearn.
Evaluates monetary policies of the Federal Reserve for effectiveness in influencing monetary variables and the financial markets from 1951-1959.
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Superior document: | Title is part of eBook package: De Gruyter Columbia University Press eBook-Package Archive 1898-1999 |
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Place / Publishing House: | New York, NY : : Columbia University Press, , [1963] ©1963 |
Year of Publication: | 1963 |
Language: | English |
Online Access: | |
Physical Description: | 1 online resource (378 p.) |
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Other title: | Frontmatter -- Acknowledgments -- Contents -- Tables -- Introduction -- Part I. The Background of the Return to Flexible Monetary Policy -- I. The Revival of Belief in Flexible Monetary Policy: 1945–1951 -- II. The New Theory of Monetary Management: The Roosa Doctrine -- ΙII. The Federal Reserve Board's Conception of Monetary Management: A Return to Orthodoxy and Tradition in Practice -- Part II. The Federal Reserve's Use of Monetary Instruments -- IV. Open Market Operations and the Policy of Dealing in “Bills Only” -- V. The Controversy about “Bills Only” and the Efficacy of Monetary Policy -- VI. The Record of “Bills Only” in the Application of Monetary Policy -- VII. The Use of the Discount Mechanism -- VIII. Changes in Cash Reserve Requirements as a Credit Control Instrument -- IX. The Failure to Use Selective Credit Controls -- Part III. The Federal Reserve's Control Over Financial Variables -- X. The Federal Reserve's Control of the Money Supply -- XI. The Problem of the Velocity of Money -- XII. The Influence of Changing Long-Term Interest Rates and Capital Values on Financial Institutions -- Part IV. Summary -- XIII. Findings and Conclusions of the Study -- Bibliography -- Index |
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Summary: | Evaluates monetary policies of the Federal Reserve for effectiveness in influencing monetary variables and the financial markets from 1951-1959. |
Format: | Mode of access: Internet via World Wide Web. |
ISBN: | 9780231882170 9783110442489 |
DOI: | 10.7312/ahea91124 |
Access: | restricted access |
Hierarchical level: | Monograph |
Statement of Responsibility: | Daniel S. Ahearn. |