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Studies in Macroeconomic History
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Description edit
The Monetary Policy of the Federal Reserve details the evolution of the monetary standard from the start of the Federal Reserve through the end of the Greenspan era. The book places that evolution in the context of the intellectual and political environment of the time. By understanding the... read more
Ridiculously Simplified Synopsis edit
Characters/People edit
- Volcker: Add a description of this character.
- Alan Greenspan
- Arthur Burns
- William Mcchesney Martin
- Hetzel
- Carter
- Johnson
- Gyohten
- Hargrove
- Morley
- Samuelson
- Kennedy
- Schwartz
- Schultze
- G. William Miller
- Friedman
- Phillips
- Yeager
- Solow
- Clinton
- Ronald Reagan
- Blinder
- Lucas
- Wallich
- Maisel
- Hawkins
- Okun
- Shultz
- Yellen
- Greenbook
- Proxmire
- Harrison
Organizations edit
Table of Contents edit
Foreword: what is the monetary standard?
1. The pragmatic evolution of the monetary standard
2. Learning and policy ambiguity
3. From gold to fiat money
4. From World War II to the Accord
5. Martin and lean-against-the-wind
6. Inflation is a nonmonetary phenomenon
7. The start of the great inflation
8. Arthur Burns and Richard Nixon
9. Bretton Woods
10. Policy in the Ford administration
11. Carter, Burns, and Miller
12. The political economy of inflation
13. The Volcker disinflation
14. Monetary policy after the disinflation
15. Greenspan's move to price stability
16. International bailouts and moral hazard
17. Monetary policy becomes expansionary
18. Departing from the standard procedures
19. Boom and bust
20. Backing off from price stability
21. The Volcker-Greenspan regime
22. The Fed: inflation fighter or inflation creator?
23. The stop-go laboratory
24. Stop-go and interest rate inertia
25. Monetary nonneutrality in the stop-go era
26. A century of monetary experiments
Series & Lists edit
This book is in Studies in Macroeconomic History. (publisher series)
Authors & Contributors edit
- Robert L. Hetzel (Author)
First Edition edit
Original Language: English
Publisher: Cambridge University Press
Country: Great Britaiin & USA
Publication Date: July 2008
ISBN: 9780521881326
Page Count: 408
Publisher: Cambridge University Press
Country: Great Britaiin & USA
Publication Date: July 2008
ISBN: 9780521881326
Page Count: 408
Classification edit
- Library of Congress: Add the Library of Congress Classification.
- Dewey: 339.530973
Subjects edit
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