Competition and Monopoly in the Federal Reserve System, 1914–1951

A Microeconomic Approach to Monetary History

Häftad, Engelska, 2005

Av Mark (University of Kentucky) Toma, Mark Toma, Michael D. Bordo, Forrest Capie

899 kr

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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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