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Competition and Monopoly in the Federal Reserve System, 1914 1951
A Microeconomic Approach to Monetary History
- Editore:
Cambridge University Press
- Collana:
- Studies In Macroeconomic History
- EAN:
9780521562584
- ISBN:
0521562589
- Pagine:
- 148
- Formato:
- Hardback
- Lingua:
- Inglese
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Descrizione Competition and Monopoly in the Federal Reserve System, 1914 1951
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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