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

Auteur :
Toma, Mark
Éditeur :
Cambridge University Press
ISBN :
9780521562584
Date de publication :
8 mai 1997
Dimensions :
22,9 x 15,2 x 1,0 cm
Poids :
370 g
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.