《金融的本质》读书笔记1: 美联储的起源 中文书名叫“金融的本质”,英文的书名是"The Federal Reserve and the Financial Crisis"。英文书面更更直观的反映了本书内容:讨论中央银行(美联储)在1929、2001、2008年三次重大金融危机时的反应与措施。 这本书是2012年伯南克四次演讲的合集,这四次演讲是他在成功化解2...
TheFederalReserveACritiqueECO285–Macroeconomics–Dr.D.FosterTheGoldStandard:themeaningofsoundmoneyIsPolicytheR..
doi:10.1016/j.jmacro.2012.02.004MeltzerAllan H.Elsevier Inc.Journal of MacroeconomicsMeltzer, A. H. (2012). The federal reserve (almost) 100. Journal of Macroeconomics , 34 (3), 626–630.
11. Keynesianism: The Macroeconomics of Wage and Price Rigidity PART 4: MACROECONOMIC POLICY: ITS ENVIRONMENT AND INSTITUTIONS 12. Unemployment and Inflation 13. Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy 14. Monetary Policy and the Federal Reserve System 15. Gover...
①Bad and late data can lead to policy errors that cost millions of jobs and trillions of dollars in lost output. ②The financial crisis would have been a lot less harmful had the Federal Reserve cut interest rates to near zero in December 2007, when America entered recession, rather than ...
Principles of Macroeconomics: The Monetary System: Money:The set of assets in an economy that people regularly use to buy goods and services from other people. Functions of Money: Medium of Exchange: – item that buyers give sellers when they want to purchase goods and services. ...
reservebanking联邦federalcheckableflb Macroeconomics Topic 6: “Explain how the Federal Reserve and the banking system create money (i.e., the supply of money) Explain the factors that affect the demand for money.” Reference: Gregory Mankiw’s Principles of Macroeconomics, 2 nd edition, Chapter ...
Speculation over the Fed’s next moves may also be cleared up by how aggressive Trump is on day one, according to Francesco Bianchi, a macroeconomics professor and economics department chair at John Hopkins University. Should Trump immediately implement higher tariffs or, the Fed may grow more...
In:: Handbook of macroeconomics, vol 1 Part C, pp 1341–1393 Borio C, Zhu H (2008) Capital regulation, risk-taking and monetary policy: a missing link in the transmission mechanism? J Financ Stab 8(4):236–251. https://doi.org/10.1016/j.jfs.2011.12.003 Article Google Scholar Brei ...
Federal Funds Rate vs. LIBOR: An Overview In macroeconomics, the interest rate plays a crucial role in delivering an equilibrium on the assets market by equating the demand and supply of funds. Two of the most prominent interest rates widely featured are thefederal funds rateand theLondon Interb...