Zobrazeno 1 - 10
of 57
pro vyhledávání: '"Anna Jacobson Schwartz"'
Friedman and Schwartz's A Monetary History of the United States, 1867-1960, published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshaled massive historical data and shar
“Magisterial.... The direct and indirect influence of the Monetary History would be difficult to overstate.”—Ben S. Bernanke, Nobel Prize–winning economist and former chair of the U.S. Federal ReserveFrom Nobel Prize–winning economist Milto
Publikováno v:
History of Political Economy. 36:217-239
This paper discusses monetarist objections to the IS-LM model. We explore the views of two principal spokesmen for monetarism: Milton Friedman and the team of Karl Brunner and Allan Meltzer. Friedman did not explicitly state the reasons he generally
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::87da2f2309dd31622c3ff0eed501422e
https://doi.org/10.1215/00182702-36-suppl_1-217
https://doi.org/10.1215/00182702-36-suppl_1-217
Publikováno v:
Explorations in Economic History. 39:1-28
The recent consensus view that the gold standard was the leading cause of the worldwide Great Depression 1929–1933 stems from the two propositions: (1) Under the gold standard, deflationary shocks were transmitted between countries and, (2) for mos
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::2f1d7b9b52ded82d5df17403b7444210
https://doi.org/10.1006/exeh.2001.0778
https://doi.org/10.1006/exeh.2001.0778
Publikováno v:
Journal of International Money and Finance. 18:683-708
Recent events in Asia and other parts of the globe have prompted calls from many quarters for international rescue of the monetary or fiscal authorities in distressed countries. We contrast the experience of rescues of monetary authorities before 197
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::456e135a832c3e7f3a900674174690d5
https://doi.org/10.1016/s0261-5606(99)00022-4
https://doi.org/10.1016/s0261-5606(99)00022-4
Publikováno v:
Economic Inquiry. 33:484-505
I. INTRODUCTION Although over fifty years have elapsed since the onset of the Great Contraction, controversy still swirls about the factors responsible for its depth and long duration. A basic issue is the hypothesis due to Friedman and Schwartz [196
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3b5422093a1e712f8f929488e164c409
https://doi.org/10.1111/j.1465-7295.1995.tb01876.x
https://doi.org/10.1111/j.1465-7295.1995.tb01876.x
Foreign-exchange operations did not end after the United States stopped its activist approach to intervention. Japan persisted in such operations, but avoided overt conflict with its monetary policy. With the onset of the Great Recession, Switzerland
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::30186ed3136c332f174353038b8f1685
https://doi.org/10.3386/w17984
https://doi.org/10.3386/w17984
By the early 1960s, outstanding U.S. dollar liabilities began to exceed the U.S. gold stock, suggesting that the United States could not completely maintain its pledge to convert dollars into gold at the official price. This raised uncertainty about
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3ddf186ed1b459e35da133c228d48df3
https://doi.org/10.3386/w16946
https://doi.org/10.3386/w16946
Publikováno v:
SSRN Electronic Journal.
The United States all but abandoned its foreign-exchange-market intervention operations in late 1995, when they proved corrosive to the credibility of the Federal Reserve’s commitment to price stability. We view this decision as the culmination of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::97998e81ee8e6e7267102a2fc66459aa
https://doi.org/10.2139/ssrn.1950308
https://doi.org/10.2139/ssrn.1950308