Federal Reserve Policy Reappraised, 1951–1959 /
Ahearn, Daniel S.
Federal Reserve Policy Reappraised, 1951–1959 / Daniel S. Ahearn. - 1 online resource (378 p.)
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
restricted access http://purl.org/coar/access_right/c_16ec
Evaluates monetary policies of the Federal Reserve for effectiveness in influencing monetary variables and the financial markets from 1951-1959.
Mode of access: Internet via World Wide Web.
In English.
9780231911245 9780231882170
10.7312/ahea91124 doi
Federal Reserve banks.
Monetary policy--United States.
BUSINESS & ECONOMICS / Banks & Banking.
HG538 / .A504
332.11
Federal Reserve Policy Reappraised, 1951–1959 / Daniel S. Ahearn. - 1 online resource (378 p.)
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
restricted access http://purl.org/coar/access_right/c_16ec
Evaluates monetary policies of the Federal Reserve for effectiveness in influencing monetary variables and the financial markets from 1951-1959.
Mode of access: Internet via World Wide Web.
In English.
9780231911245 9780231882170
10.7312/ahea91124 doi
Federal Reserve banks.
Monetary policy--United States.
BUSINESS & ECONOMICS / Banks & Banking.
HG538 / .A504
332.11