Synopsis
Distinguished economist Michael D. Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy guided by central banks following rule-like behavior produces low and stable inflation, stable real performance, and encourages financial stability. In contrast, he explains how the failure to adhere to rules that produce monetary stability will inevitably produce the dire consequences of real, nominal, and financial instability.
Bordo examines theoretical perspectives in monetary theory on the case for stable money and the importance of monetary rules. The author also looks at the historical and empirical record of economic performance (both inflation and real output) across policy regimes. He examines the performance of the Federal Reserve in its pursuit of discretionary monetary policy, and he reviews the history of monetary policy during the Great Depression.
"synopsis" may belong to another edition of this title.
About the Author
Michael D. Bordo is currently Board of Governors Professor of Economics and director of the Center for Monetary and Financial History at Rutgers University. He is also a Distinguished Visiting Fellow at the Hoover Institution at Stanford University.
"About this title" may belong to another edition of this title.
Other Popular Editions of the Same Title
Search results for The Historical Performance of the Federal Reserve:...
Stock Image
The Historical Performance of the Federal Reserve: The Importance of Rules (695)
Published by
Hoover Institution Press, 2019
ISBN 10: 0817922148
ISBN 13: 9780817922146
Used
Hardcover
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.
Seller rating 5 out of 5 stars
Condition: Very Good. Item in very good condition! Textbooks may not include supplemental items i.e. CDs, access codes etc. Seller Inventory # 00088771219
Stock Image
The Historical Performance of the Federal Reserve: The Importance of Rules (695)
Published by
Hoover Institution Press, 2019
ISBN 10: 0817922148
ISBN 13: 9780817922146
Used
Hardcover
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.
Seller rating 5 out of 5 stars
Condition: Good. Item in good condition. Textbooks may not include supplemental items i.e. CDs, access codes etc. Seller Inventory # 00088771233
Stock Image
The Historical Performance of the Federal Reserve: The Importance of Rules (695)
Published by
Hoover Institution Press (edition 1), 2019
ISBN 10: 0817922148
ISBN 13: 9780817922146
Used
Hardcover
Seller: BooksRun, Philadelphia, PA, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: Very Good. 1. It's a well-cared-for item that has seen limited use. The item may show minor signs of wear. All the text is legible, with all pages included. It may have slight markings and/or highlighting. Seller Inventory # 0817922148-8-1
Stock Image
The Historical Performance of the Federal Reserve: The Importance of Rules (695)
Published by
Hoover Institution Press, 2019
ISBN 10: 0817922148
ISBN 13: 9780817922146
Used
Hardcover
Seller: HPB-Red, Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
hardcover. Condition: Good. Connecting readers with great books since 1972! Used textbooks may not include companion materials such as access codes, etc. May have some wear or writing/highlighting. We ship orders daily and Customer Service is our top priority! Seller Inventory # S_446645194
Stock Image
The Historical Performance of the Federal Reserve: The Importance of Rules (695)
Published by
Hoover Institution Press, 2019
ISBN 10: 0817922148
ISBN 13: 9780817922146
New
Hardcover
Seller: GoldBooks, Denver, CO, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: new. New Copy. Customer Service Guaranteed. Seller Inventory # 77Z46_64_0817922148
Seller Image
Historical Performance of the Federal Reserve : The Importance of Rules
Published by
Hoover Institution Press, 2019
ISBN 10: 0817922148
ISBN 13: 9780817922146
New
Hardcover
Seller: GreatBookPrices, Columbia, MD, U.S.A.
Seller rating 5 out of 5 stars
Condition: New. Seller Inventory # 35379467-n
Seller Image
Historical Performance of the Federal Reserve : The Importance of Rules
Published by
Hoover Institution Press, 2019
ISBN 10: 0817922148
ISBN 13: 9780817922146
Used
Hardcover
Seller: GreatBookPrices, Columbia, MD, U.S.A.
Seller rating 5 out of 5 stars
Condition: As New. Unread book in perfect condition. Seller Inventory # 35379467
Stock Image
The Historical Performance of the Federal Reserve (Hardcover)
Published by
Hoover Institution Press,U.S., Stanford, 2019
ISBN 10: 0817922148
ISBN 13: 9780817922146
New
Hardcover
Seller: Grand Eagle Retail, Bensenville, IL, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: new. Hardcover. Distinguished economist Michael D. Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy guided by central banks following rule-like behavior produces low and stable inflation, stable real performance, and encourages financial stability. In contrast, he explains how the failure to adhere to rules that produce monetary stability will inevitably produce the dire consequences of real, nominal, and financial instability. Bordo examines theoretical perspectives in monetary theory on the case for stable money and the importance of monetary rules. The author also looks at the historical and empirical record of economic performance (both inflation and real output) across policy regimes. He examines the performance of the Federal Reserve in its pursuit of discretionary monetary policy, and he reviews the history of monetary policy during the Great Depression. Distinguished economist Michael Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy produces low and stable inflation, stable real performance, and encourages financial stability. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780817922146
Seller Image
The Historical Performance of the Federal Reserve
Published by
Hoover Institution Press,U.S., US, 2019
ISBN 10: 0817922148
ISBN 13: 9780817922146
New
Hardcover
Seller: Rarewaves USA, OSWEGO, IL, U.S.A.
Seller rating 5 out of 5 stars
Hardback. Condition: New. Distinguished economist Michael D. Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy guided by central banks following rule-like behavior produces low and stable inflation, stable real performance, and encourages financial stability. In contrast, he explains how the failure to adhere to rules that produce monetary stability will inevitably produce the dire consequences of real, nominal, and financial instability. Bordo examines theoretical perspectives in monetary theory on the case for stable money and the importance of monetary rules. The author also looks at the historical and empirical record of economic performance (both inflation and real output) across policy regimes. He examines the performance of the Federal Reserve in its pursuit of discretionary monetary policy, and he reviews the history of monetary policy during the Great Depression. Seller Inventory # LU-9780817922146
Stock Image
The Historical Performance of the Federal Reserve: The Importance of Rules (695)
Published by
Hoover Institution Press, 2019
ISBN 10: 0817922148
ISBN 13: 9780817922146
Used
Hardcover
First Edition
Seller: Pulpfiction Books, Vancouver, BC, Canada
Seller rating 5 out of 5 stars
Hardcover. Condition: Fine. Dust Jacket Condition: Fine. 1st Edition. Fine hardback in a Fine dust jacket, clean and unmarked. Seller Inventory # 012585