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Federal Reserve Behavior, 1923-1931.
・ISBN 978-1-138-08924-2 paper GB£ 37.99
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| 著者・編者 | McMahon, Marshall E., |
|---|---|
| シリーズ | (Routledge Library Editions: History of Money, Banking and Finance) |
| 出版社 | (Routledge, UK) |
| 出版年月 | 2019 |
| ページ数 | 214 pp. |
| 言語 | ENG |
| ニュース番号 | ＜A01-4114＞ |
解説
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.