TY - BOOK AU - Ahearn,Daniel S. TI - Federal Reserve Policy Reappraised, 1951–1959 SN - 9780231911245 AV - HG538 .A504 U1 - 332.11 PY - 1963///] CY - New York, NY : PB - Columbia University Press, KW - Federal Reserve banks KW - Monetary policy KW - United States KW - BUSINESS & ECONOMICS / Banks & Banking KW - bisacsh N1 - 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 N2 - Evaluates monetary policies of the Federal Reserve for effectiveness in influencing monetary variables and the financial markets from 1951-1959 UR - https://doi.org/10.7312/ahea91124 UR - https://www.degruyter.com/isbn/9780231882170 UR - https://www.degruyter.com/cover/covers/9780231882170.jpg ER -