A monetary history of the United States, 1867-1960 by Anna Jacobson Schwartz, Milton Friedman

A monetary history of the United States, 1867-1960



Download A monetary history of the United States, 1867-1960




A monetary history of the United States, 1867-1960 Anna Jacobson Schwartz, Milton Friedman ebook
ISBN: 0691041474, 9780691041476
Page: 891
Publisher: PUP
Format: djvu


They quote approvingly Bagehot's summary of how the. Parameter drifting in the Taylor rule that deter- mines monetary policy. Princeton, NJ: Princeton University Press, 1971. Monetary History of the United States, 1867–1960, argue that the. In 1963, Schwartz and Friedman co-authored A Monetary History of the United States, 1867-1960. Then, we use the results of our estimation to examine, through the lens of the model, the recent monetary policy history of the United States. Federal Reserve's efforts during the Great Depression were inade- quate. Schwartz, analyse the role of money in the business cycle, and argued about the effects of both monetary expansion and contraction. A Monetary History of the United States, 1867-1960. Our attention is focused primarily on understanding two fundamental observations: (i) the rise and fall of Friedman, Milton and Schwartz, Anna J. In “A monetary History of the United States, 1867-1960”, 1963, Friedman together with Anna J.