The Historical Performance of the Federal Reserve : The Importance of Rules (Hardcover)
The Historical Performance of the Federal Reserve : The Importance of Rules (Hardcover)
Hero image 0 of The Historical Performance of the Federal Reserve : The Importance of Rules (Hardcover), 0 of 1

The Historical Performance of the Federal Reserve : The Importance of Rules (Hardcover)

(No ratings yet)

Key item features

Distinguished economist Michael D. Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy guided by central banks following rule-like behavior produces low and stable inflation, stable real performance, and encourages financial stability. In contrast, he explains how the failure to adhere to rules that produce monetary stability will inevitably produce the dire consequences of real, nominal, and financial instability. Bordo also examines the performance of the Federal Reserve and he reviews the history of monetary policy during the Great Depression.
Current price is Now $27.98
You save $17.34
was $45.32
Price when purchased online
Out of stock

How do you want your item?

How do you want your item?
Out of stock
Report an issue with this seller

About this item

Product details

Specifications

Warranty

Customer ratings & reviews

0 ratings|0 reviews
This item does not have any reviews yet