Federal Reserve Behavior, 1923-1931 Contributor(s): McMahon, Marshall E. (Author) |
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ISBN: 1138087246 ISBN-13: 9781138087248 Publisher: Routledge OUR PRICE: $158.40 Product Type: Hardcover - Other Formats Published: August 2017 |
Additional Information |
BISAC Categories: - Business & Economics | Economics - General |
Series: Routledge Library Editions: History of Money, Banking and Fi |
Physical Information: 218 pages |
Descriptions, Reviews, Etc. |
Publisher Description: The Federal Reserve System has been widely criticised for its response (or lack of response) to the economic and financial problems of 1928-1933. This period was one of frantic speculation followed by the collapse of the stock market, the banking system and the economy at large. How did the Fed let this happen, and was it to blame? This book, first published in 1993, carries out an in-depth statistical analysis of the relevant data supporting the various theories surrounding the Fed's behaviour at the time, and is a key work in understanding the thinking of the period. |