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.

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