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Synopsis: This collection of essays examines the institutional framework in which monetary policy is made. The essays consider two questions: how free is the Fed to set monetary policy and to what extent do organisational problems affect the choice of that monetary policy? Topics covered include the Fed's response to movements on its goals, Congressional and presidential pressures on the Fed, the existence of political business cycles operating through monetary policy, and the extent to which monetary policy may be explained by the Fed's own interests. A final section examines the claim that the Federal Reserve follows counter-cyclical policy and evaluates its performance as a lender to banks both in normal times and as a lender of last resort.
Review: "In summary, this volume presents a diverse and comprehensive set of hypotheses of Federal Reserve behavior that many readers will find interesting." Robert H. Rasche, Journal of Economic Literature
Title: The Political Economy of American Monetary ...
Publisher: Cambridge University Press
Publication Date: 1990
Book Condition: Good
Book Description Cambridge University Press, 1990. Condition: Very Good. Former Library book. Great condition for a used book! Minimal wear. Seller Inventory # GRP71252556
Book Description Cambridge University Press, 1990. Condition: Good. Shows some signs of wear, and may have some markings on the inside. Seller Inventory # GRP73892488
Book Description Cambridge University Press, 1990. Hardcover. Condition: Good. Item may show signs of shelf wear. Pages may include limited notes and highlighting. May include supplemental or companion materials if applicable. Access codes may or may not work. Connecting readers since 1972. Customer service is our top priority. Seller Inventory # mon0001062514
Book Description Cambridge University Press, 1990. Condition: Good. A+ Customer service! Satisfaction Guaranteed! Book is in Used-Good condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain limited notes and highlighting. Seller Inventory # 0521363160-2-4
Book Description Cambridge University Press, 1990. Hardcover. Condition: Used: Good. Seller Inventory # SONG0521363160
Book Description Cambridge University Press, 1990. Gebundene Ausgabe. Condition: Sehr gut. 324 Seiten ex Library Book / aus einer wissenschaftlichen Bibliothek Sprache: Englisch Gewicht in Gramm: 627. Seller Inventory # 296832
Book Description Camridge University Press, Camridge, MA, 1990. Hard Cover. Condition: Very Good in Good dj. 8vo. 314pp., clean interior, paste action and very slight foxing to fpd, rpd, ffep and rfep, slight rubbing of dj covers and edges. Seller Inventory # 108297
Book Description Cambridge : Cambridge University Press , c1990. Orig. cloth binding. Dustjacket. x,314 pp. 24 cm. Condition : very good copy. ISBN 9780521363167. Seller Inventory # 146215
Book Description Cambridge University Press, 28.09.1990., 1990. Condition: Gut. 324 Seiten Exemplar aus einer wissenchaftlichen Bibliothek Sprache: Englisch Gewicht in Gramm: 594 23,6 x 15,6 x 2,2 cm, Gebundene Ausgabe. Seller Inventory # 382519