Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Finance -- United States -- History -- 21st century --- Financial crises -- United States -- History -- 21st century --- Global Financial Crisis, 2008-2009 --- Monetary policy -- United States -- History -- 21st century --- Recessions -- United States -- History -- 21st century --- United States -- Economic policy -- 2009 --- -Monetary policy --- Finance --- Recessions --- Financial crises --- Global Financial Crisis, 2008-2009 --- History --- History --- History --- History --- United States --- Economic policy

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Writing in the June 1965 issue of theEconomic Journal, Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review: "The long-awaited monetary history of the United States by Friedman and Schwartz is in every sense of the term a monumental scholarly achievement--monumental in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small . . . monumental, above all, in the theoretical and statistical effort and ingenuity that have been brought to bear on the solution of complex and subtle economic issues." Friedman and Schwartz marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. In their influential chapter 7, The Great Contraction--which Princeton published in 1965 as a separate paperback--they address the central economic event of the century, the Depression. According to Hugh Rockoff, writing in January 1965: "If Great Depressions could be prevented through timely actions by the monetary authority (or by a monetary rule), as Friedman and Schwartz had contended, then the case for market economies was measurably stronger." Milton Friedman won the Nobel Prize in Economics in 1976 for work related to A Monetary History as well as to his other Princeton University Press book, A Theory of the Consumption Function (1957).

336.7 --- 336.7 Geldwezen. Kredietwezen. Bankwezen. Financien. Monetaire econonomie. Beurswezen --- Geldwezen. Kredietwezen. Bankwezen. Financien. Monetaire econonomie. Beurswezen --- Monetary policy --- Currency question --- Money --- Fiat money --- Free coinage --- Monetary question --- Scrip --- Currency crises --- Finance --- Finance, Public --- Legal tender --- History. --- theorie monetaire --- histoire economique --- eua --- monetaire theorie --- economische geschiedenis --- vsa --- History --- United States --- Money - United States - History --- Currency question - United States - History --- Monetary policy - United States - History --- Monnaie --- Politique monétaire --- Question monétaire --- Histoire.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Global Financial Development Report 2013 is the first in a new World Bank series. It provides a unique contribution to financial sector policy debates, building on novel data, surveys, research, and wide-ranging country experience, with emphasis on emerging-market and developing economies. The global financial crisis has challenged conventional thinking on financial sector policies. Launched on the fourth anniversary of the Lehman Brothers collapse-a turning point in the crisis-this volume re-examines a basic question: what is the proper role of the state in financial development? To address the question, this report synthesizes new and existing evidence on the state's performance as financial sector regulator, overseer, promoter, and owner. It calls on state agencies to provide strong regulation and supervision and ensure healthy competition in the sector, and to support financial infrastructure, such as the quality and availability of credit information. It also warns that direct interventions-such as lending by state-owned banks, used in many countries to counteract the crisis-may end up being harmful. The report also tracks financial systems in more than 200 economies before and during the global financial crisis.

Business cycles -- United States -- History -- 21st century. --- Global Financial Crisis, 2008-2009. --- Monetary policy --United States -- History -- 21st century. --- United States -- Economic policy -- 21st century. --- United States -- Politics and government -- 21st century. --- Finance --- Economic policy --- State, The --- Institutional economics --- Banks and banking --- Business & Economics --- Banking --- Government policy --- Economic policy. --- State, The. --- Institutional economics. --- Finance. --- Government policy. --- Funding --- Funds --- Agricultural banks --- Banking industry --- Commercial banks --- Depository institutions --- Administration --- Commonwealth, The --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Currency question --- Financial institutions --- Money --- Sovereignty --- Political science --- Planning --- National security --- Social policy

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

American monetary policy is formulated by the Federal Reserve and overseen by Congress. Both policy making and oversight are deliberative processes, although the effect of this deliberation has been difficult to quantify. In this book, Cheryl Schonhardt-Bailey provides a systematic examination of deliberation on monetary policy from 1976 to 2008 by the Federal Reserve's Open Market Committee (FOMC) and House and Senate banking committees. Her innovative account employs automated textual analysis software to study the verbatim transcripts of FOMC meetings and congressional hearings; these empirical data are supplemented and supported by in-depth interviews with participants in these deliberations. The automated textual analysis measures the characteristic words, phrases, and arguments of committee members; the interviews offer a way to gauge the extent to which the empirical findings accord with the participants' personal experiences. Analyzing why and under what conditions deliberation matters for monetary policy, the author identifies several strategies of persuasion used by FOMC members, including Paul Volcker's emphasis on policy credibility and efforts to influence economic expectations. Members of Congress, however, constrained by political considerations, show a relative passivity on the details of monetary policy.

Monetary policy --- History --- United States --- Economic policy --- US / United States of America - USA - Verenigde Staten - Etats Unis --- 333.111.0 --- 333.80 --- 331.150 --- 321.2 --- 331.31 --- Algemeenheden. Theoretische en beschrijvende studies. Centrale banken. --- Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden. --- Geschiedenis van het geldwezen: algemeenheden. --- Economisch beleid van de overheid. --- Economisch beleid. --- Algemeenheden. Theoretische en beschrijvende studies. Centrale banken --- Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden --- Geschiedenis van het geldwezen: algemeenheden --- Economisch beleid van de overheid --- Economisch beleid --- Monetary policy - United States - History --- United States - Economic policy

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

International finance --- Dollar, American --- Monetary policy --- Finances internationales --- Dollar américain --- Politique monétaire --- History --- Histoire --- 339.74 --- -Dollar, American --- -Monetary policy --- -336.747.1 <73> --- AA / International- internationaal --- US / United States of America - USA - Verenigde Staten - Etats Unis --- 333.432.8 --- 333.453 --- 333.46 --- Monetary management --- Economic policy --- Currency boards --- Money supply --- American dollar --- Money --- International monetary system --- International money --- Finance --- International economic relations --- Monetaire buitenlandse politiek. Deviezenpolitiek --- -History --- -Internationale monetaire organisatie. Internationaal Muntfonds. Algemene leningovereenkomsten. --- Internationale munt. Rekeneenheden. --- Monetaire toestand en evolutie. --- 339.74 Monetaire buitenlandse politiek. Deviezenpolitiek --- Dollar américain --- Politique monétaire --- 336.747.1 <73> --- Internationale monetaire organisatie. Internationaal Muntfonds. Algemene leningovereenkomsten --- Internationale munt. Rekeneenheden --- Monetaire toestand en evolutie --- International finance - History - 20th century --- Dollar, American - History - 20th century --- Monetary policy - United States - History - 20th century