The Federal Reserve : a new history /: a new history. (2022)

• Record Type: Book
• Further Information: Note: Robert L. Hetzel.
• Authors: Hetzel, Robert L
• Contents: In search of the monetary standard -- The organization of the book -- What causes the monetary disorder that produces real disorder? -- The creation of the Fed -- Why the Fed failed in the Depression: the 1920s antecedents -- A fiat money standard: free reserves operating procedures and gold -- A narrative account of the 1920s -- Attacking speculative mania -- The Great Contraction: 1929-33 -- The Roosevelt era -- The guiding role of governor Harrison and the NY Fed -- Contemporary critics in the Depression -- From World War II to the 1953 Recession -- LAW (Lean-against-the-Wind) and long and variable lags -- The early Martin Fed -- From price stability to inflation -- The Burns Fed -- Stop-go and the collapse of a stable nominal anchor -- The Volcker Fed and the birth of a new monetary standard -- The Greenspan FOMC -- The Great Recession -- The 2008 financial crisis -- The Eurozone crisis -- Recovery from the Great Recession -- Covid-19 and the Fed's credit policy -- Covid-19 and the Fed's monetary policy: flexible-average-inflation targeting -- How can the Fed control inflation? -- Making the monetary standard explicit -- What is the optimal monetary standard? -- Why is learning so hard?
• Publisher Details: Chicago : The University of Chicago Press
• Publication Date: 2022
• Copyright Date: 2022
• Extent: 1 online resource, illustrations
• Subjects: 332.110973; Monetary policy -- United States -- History -- 20th century; United States -- Economic policy -- 20th century; History; History
• Languages: English
• ISBNs: 0226821668; 9780226821665
• Notes: Note: Includes bibliographical references and index.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.