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In this narrative history, David E. Lindsey gives the reader a ringside seat to a century of policies at the US Federal Reserve. Alternating between broad historical strokes and deep dives into the significance of monetary issues and developments, Lindsey offers a fascinating look into monetary policymaking from the Fed's inception in 1913 to today. Lindsey's three decades of service on the Federal Reserve Board staff allow him to combine the heft of scholarship with an insider's perspective on how the recent chairmen's and current chairwoman's personalities and singular visions have shaped policy choices with far-reaching consequences. He critiques the performances of Chairman Ben Bernanke and Vice Chair Janet Yellen during the prelude, outbreak, and aftermath of the financial crisis of 2008, situating them in the context of the Fed's century-long history. He also quantitatively explores an alternative to the conventional New-Keynesian theory of inflation, replacing so-called "rational expectations" with the Fed's inflation objective. This unique volume is a piece of living history that has much to offer economists and monetary policy and finance professionals.

Monetary policy --- Global Financial Crisis, 2008-2009 --- Banking --- Finance --- Business & Economics --- Global Financial Crisis, 2008-2009. --- 331.156 --- 331.157 --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- Financial crises --- Geldwezen van 1914 tot 1945. --- Geldwezen sedert 1945. --- Board of Governors of the Federal Reserve System (U.S.) --- Sovet upravli︠a︡i︠u︡shchikh FRS --- Federal Reserve System (U.S.) --- F.R.S. --- FRS --- United States. --- Federal Reserve (U.S.) --- Federalʹnai︠a︡ rezervnai︠a︡ sistema (U.S.) --- Federal Reserve Board (U.S.) --- Global Financial Crisis (2008-2009) --- United States --- Economic policy. --- Macroeconomics. --- Regional economics. --- Economic history. --- Macroeconomics/Monetary Economics//Financial Economics. --- Regional/Spatial Science. --- Economic History. --- Economic conditions --- History, Economic --- Economics --- Regional planning --- Regionalism --- Space in economics --- Geldwezen van 1914 tot 1945 --- Geldwezen sedert 1945 --- Spatial economics. --- Spatial economics --- Regional economics --- Space in economics.

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Economics --- 330.1 --- Economic theory --- Political economy --- Social sciences --- Economic man --- 330.1 Economische grondbegrippen. Algemene begrippen in de economie --- Economische grondbegrippen. Algemene begrippen in de economie

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Macroeconomics.

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Economics

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Zonder onderwerpscode: economie