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  • 1
    UID:
    almafu_9958082109302883
    Format: 1 online resource (xix 431 pages) : , digital, PDF file(s).
    Edition: 1st ed.
    ISBN: 1-107-23495-6 , 1-107-32674-5 , 1-107-33245-1 , 1-107-33650-3 , 1-107-33484-5 , 1-107-33318-0 , 1-139-00516-2
    Series Statement: Studies in macroeconomic history
    Content: This book contains essays presented at a conference held in November 2010 to mark the centenary of the famous 1910 Jekyll Island meeting of leading American financiers and the US Treasury. The 1910 meeting resulted in the Aldrich Plan, a precursor to the Federal Reserve Act that was enacted by Congress in 1913. The 2010 conference, sponsored by the Federal Reserve Bank of Atlanta and Rutgers University, featured assessments of the Fed's near 100-year track record by prominent economic historians and macroeconomists. The final chapter of the book records a panel discussion of Fed policy making by the current and former senior Federal Reserve officials.
    Note: Title from publisher's bibliographic system (viewed on 05 Oct 2015). , "To establish a more effective supervision of banking" : how the birth of the Fed altered bank supervision / , The promise and performance of the Federal Reserve as lender of last restort 1914-1933 / , Where it all began : lending of last resort at the Bank of England : monitoring during the Overend-Gurney panic of 1866 / , Volatile times and persistent conceptual errors : U.S. monetary policy, 1914-1951 / , Government policy, credit markets, and economic activity / , Policy debates at the Federal Open Market Committee, 1993-2002 / , Two models of land overvaluation and their implications / , Panel discussion, November 6, 2010 / , English
    Additional Edition: ISBN 1-107-01372-0
    Language: English
    URL: Volltext  (lizenzpflichtig)
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  • 2
    Online Resource
    Online Resource
    Cambridge :Cambridge University Press,
    UID:
    almahu_9948317105502882
    Format: 1 online resource (454 pages) : , illustrations.
    ISBN: 9781107333185 (e-book)
    Series Statement: Studies in macroeconomic history
    Content: "This book contains essays presented at a conference held in November 2010 to mark the centenary of the famous 1910 Jekyll Island meeting of leading American financiers and the U.S. Treasury. The 1910 meeting resulted in the Aldrich Plan, a precursor to the Federal Reserve Act that was enacted by Congress in 1913. The 2010 conference, sponsored by the Federal Reserve Bank of Atlanta and Rutgers University, featured assessments of the Fed's near 100-year track record by prominent economic historians and macroeconomists. The final chapter of the book records a panel discussion of Fed policy making by the current and former senior Federal Reserve officials. ch1: "To Establish a More Effective Supervision of Banking:" How the Birth of the Fed Altered Bank Supervision Abstract Although bank supervision under the National Banking System exercised a light hand and panics were frequent, depositor losses were minimal. Double liability induced shareholders to carefully monitor bank managers and voluntarily liquidate banks early if they appeared to be in trouble. Inducing more disclosure, marking assets to market, and ensuring prompt closure of insolvent national banks, the Comptroller of the Currency reinforced market discipline. The arrival of the Federal Reserve weakened this regime. Monetary policy decisions conflicted with the goal of financial stability and created moral hazard. The appearance of the Fed as an additional supervisor led to more "competition in laxity" among regulators and "regulatory arbitrage" by banks. When the Great Depression hit, policy-induced deflation and asset price volatility were misdiagnosed as failures of competition and market valuation. In response, the New Deal shifted to a regime of discretion-based supervision with forbearance"--
    Additional Edition: Print version: Origins, history, and future of the Federal Reserve : a return to Jekyll Island. Cambridge : Cambridge University Press, 2013 ISBN 9781107013728
    Language: English
    Keywords: Electronic books.
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  • 3
    UID:
    gbv_718754859
    Format: XIX, 431 S. , graph. Darst. , 23 cm
    ISBN: 9781107013728 , 1107013720
    Series Statement: Studies in macroeconomic history
    Note: Enth. 8 Beitr , Formerly CIP Uk. - Includes bibliographical references and index
    Language: English
    Subjects: History
    RVK:
    Keywords: Federal Reserve System ; USA ; Geldpolitik ; Geschichte 1913-2010 ; Federal Reserve Bank of New York ; Konferenzschrift ; Aufsatzsammlung
    Library Location Call Number Volume/Issue/Year Availability
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