Competition and monopoly in the federal reserve system, 1914–1951: a microeconomic approach to monetary history

Auteur : Toma, Mark
Éditeur : Cambridge University Press
ISBN : 9780521022033
Date de publication : 3 nov. 2005
Dimensions : 22,8 x 15,3 x 0,4 cm
Poids : 237 g
Format : Trade paperback (US)
Langue : Anglais
Pays d'origine : Grande Bretagne

In this book Mark Toma explores the workings of the early Federal Reserve System as a basis for challenging the conventional wisdom that competition among central banks in a monetary union results in an over issue problem. The book emphasizes the evolution of the Federal Reserve from a competitive to a monopolistic structure.

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