搜索结果: 1-13 共查到“公共管理 FED”相关记录13条 . 查询时间(0.078 秒)
If it is generally agreed that in the long run inflation is a monetary
phenomenon, then the simple answer to the question of whether the
Fed can control money is—from my point of view—that I certain...
Some people might wonder why the Federal Reserve’s policymaking
function would interest anyone at this particular point in
history. After all, the general economic and financial picture at present
...
HOW THE FED CROWDED OUT REAGAN’S ECONOMIC POLICY
ECONOMIC POLICY Fed Power policymaking function
2008/12/8
The Split between Fed Power and Accountability
There is a fundamental problem with the Fed’s policymaking function.
Under the U.S. Constitution, government is not supposed to
convey power without a...
FED WATCHING AND THE MONETARY REGIME
Federal Reserve Open Market Committee MONETARY REGIME
2008/12/5
The Market for Fed Watching
The Federal Reserve’s Open MarketCommittee consists ofa dozen
unelected officials with enormous unguided authority to affect interest
rates, exchange rates, and prices, ...
CENTRAL BANKING AND THE FED:A PUBLIC CHOICE PERSPECTIVE
CENTRAL BANKING public choice Federal Reserve system
2008/12/5
This paper examines central banking in general and the Federal
Reserve system in particular from the perspective of the theory of
public choice. It is common to rationalize central banking as being
...
Few topics ineconomics generate more disagreement than the question
of monetary policy. No consensus appears to be emerging as
more and more theories and proposals appear. Economists disagree
overw...
REGULATORY RESTRUCTURING:RESOLVING THE FED’S CONFLICTING ROLES
REGULATORY RESTRUCTURING Federal Reserve System
2008/11/22
Regulatory restructuring has surfaced again in political and academic
debates in and around Washington. This is not a new topic.
Proposals for a more efficient, a more responsive, or just a differen...
DOES THE FED ABHOR INFLATION?
FED INFLATION monetary policy
2008/11/12
Current discussions of monetary policy have the Fed being virtually
single-minded in its resolve not to let the inflation bogey out of the
bottle. Yet this concern is relatively recent, dating from ...
It should now be clear that the Federal Reserve caused, or at least
accommodated, the bubble in aggregate nominal demand from early
1998 through early 2000. Moreover, the Federal Reserve chose to
w...
IS THE FED FACILITATING AN UNPLEASANT FISCAL ARITHMETIC?
FISCAL ARITHMETIC government liabilities budget balances
2008/11/4
Is the United States headed for an unprecedented economic
disaster? The fact that prominent economists are posing that question
says something about what they may be expecting. For example, in
the ...
The United States faces a fiscal policy disaster. As is now becoming
more widely appreciated, spending commitments under current laws
and policy will outstrip the ability of conventional tax-based f...
RESPONDING TO FINANCIAL CRISES:WHAT ROLE FOR THE FED?
FINANCIAL CRISES risk management FED
2008/11/4
The key issue in addressing the topic of what to do in the event of
a financial crisis is time inconsistency. It seems to make sense in the
middle of a financial crisis for someone to bail out a fai...
The Fed’s Road toward Greater Transparency
The Fed’s Road Monetary Policy Greater Transparency
2008/11/4
The Making of Monetary Policy
Montagu Norman, the governor of the Bank of England from
1921 to 1944, reputedly took as his personal motto, “Never explain,
never excuse.” Norman’s aphorism exemplifi...