The Evolution of Monetary Policy and Banking in the US

A concise analysis of the evolution of monetary policy and banking institutions over the past sixty years that stresses the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations. Institutions were influenced by increasing competitio...

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Main Author: Hester, Donald D.
Format: Book
Language:English
Published: Springer 2017
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Online Access:http://repository.vnu.edu.vn/handle/VNU_123/28336
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Institution: Vietnam National University, Hanoi
Language: English
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spelling oai:112.137.131.14:VNU_123-283362020-05-13T01:41:31Z The Evolution of Monetary Policy and Banking in the US Hester, Donald D. Business and Economics A concise analysis of the evolution of monetary policy and banking institutions over the past sixty years that stresses the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations. Institutions were influenced by increasing competition in markets and monetary policies. The book consists of two parts, which are organized chronologically. The first has chapters that correspond with terms of chairmen of the Federal Reserve Board. It critically analyzes decisions taken by the Federal Open Market Committee in each period and argues that innovations forced changes in the design and conduct of monetary policy. The second part analyzes how banking institutions evolved from a very conservative and regulated system in 1945 to highly inventive financial firms and how this evolution has affected the distribution of credit, wealth, and income in the US. 2017-04-14T02:14:22Z 2017-04-14T02:14:22Z 2008 Book 9783540777939 http://repository.vnu.edu.vn/handle/VNU_123/28336 en 205 p. application/pdf Springer
institution Vietnam National University, Hanoi
building VNU Library & Information Center
country Vietnam
collection VNU Digital Repository
language English
topic Business and Economics
spellingShingle Business and Economics
Hester, Donald D.
The Evolution of Monetary Policy and Banking in the US
description A concise analysis of the evolution of monetary policy and banking institutions over the past sixty years that stresses the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations. Institutions were influenced by increasing competition in markets and monetary policies. The book consists of two parts, which are organized chronologically. The first has chapters that correspond with terms of chairmen of the Federal Reserve Board. It critically analyzes decisions taken by the Federal Open Market Committee in each period and argues that innovations forced changes in the design and conduct of monetary policy. The second part analyzes how banking institutions evolved from a very conservative and regulated system in 1945 to highly inventive financial firms and how this evolution has affected the distribution of credit, wealth, and income in the US.
format Book
author Hester, Donald D.
author_facet Hester, Donald D.
author_sort Hester, Donald D.
title The Evolution of Monetary Policy and Banking in the US
title_short The Evolution of Monetary Policy and Banking in the US
title_full The Evolution of Monetary Policy and Banking in the US
title_fullStr The Evolution of Monetary Policy and Banking in the US
title_full_unstemmed The Evolution of Monetary Policy and Banking in the US
title_sort evolution of monetary policy and banking in the us
publisher Springer
publishDate 2017
url http://repository.vnu.edu.vn/handle/VNU_123/28336
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