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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Bibliographic Details
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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Description
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
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.