The Evolution of Monetary Policy and Banking in the US

• Main Author: Hester, Donald D. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2008.
• Subjects: Macroeconomics.; Public finance.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Public 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 competitio...

Table of Contents:

• The Federal Reserve and Monetary Policy
• Marriner S. Eccles and Thomas B. McCabe: 1945–1951
• William McChesney Martin, Jr. 1951–1970
• Arthur F. Burns and G. William Miller: 1970–1979
• Paul A. Volcker: 1979–1987
• Alan Greenspan: 1987–2006
• Benjamin S. Bernanke 2006–
• Overview and Summary of Part 1
• Recovery, Growth, and Adaptation in U.S. Banking
• Introduction: The First Twenty-Five Years
• Resolution: 1971–2007
• Overview and Summary of Part 2.