中国财政金融政策研究中心

The Monetary Policy of the Federal Reserve

发布时间:2010-05-28

by Robert L.
Hetzel

The Monetary Policy of the Federal Reserve
by Robert L. Hetzel

This book details the evolution of the monetary standard from the start of the Federal Reserve through the end of the Greenspan era. It places that evolution in the context of the intellectual and political environment of the time. By understanding the fitful process of replacing a gold standard with a paper money standard, the conduct of monetary policy becomes a series of experiments useful for understanding the fundamental issues concerning money and prices. Monetary Policy explains in a straightforward way the emergence and nature of the modern, inflation-targeting central bank.

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