The Federal Reserve System: An Encyclopedia

Hardcover | August 31, 2005

byR. W. Hafer

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The Federal Reserve System, founded in 1913, is recognized as one of the most influential policy-making bodies in the United States. Its duties, including managing the country's monetary policy, regulating and supervising banks, and monitoring the financial system, set it apart from other government agencies. Hafer provides a comprehensive explanation of the Federal Reserve System, describing its structure and process, policies, people, and key events. Arranged alphabetically, over 250 entries define and describe topics related to the "Fed" and United States monetary policy, including Alan Greenspan, Black Monday of 1929, Euro, Federal Reserve Act of 1913, Prime rate, and Treasury financing. Numerous appendices supplement the A-to- Z entries, providing insight into the secretive and powerful Federal Reserve Bank, the keepers of America's monetary system.

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The Federal Reserve System, founded in 1913, is recognized as one of the most influential policy-making bodies in the United States. Its duties, including managing the country's monetary policy, regulating and supervising banks, and monitoring the financial system, set it apart from other government agencies. Hafer provides a comprehen...

Format:HardcoverDimensions:488 pages, 10.28 × 7.22 × 1.47 inPublished:August 31, 2005Publisher:Greenwood PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0313328390

ISBN - 13:9780313328398

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"This encyclopedia's contents range across Federal Reserve operations and how monetary policy functions in the United States. Hafer includes entries on topics that affect how monetary policy is conducted, such as "real business cycle theory." Similar entries are tied to monetary policy, regulatory oversight duties, or how the Federal Reserve System operates. The author presents complex economic and monetary issues or concepts in terms understandable to the general reader, and the introduction provides an historical overview of the system's development....[c]ould easily serve as the sole resource for school libraries (particularly elementary and intermediate schools) and small public libraries. Highly recommended. Academic libraries serving first- and second-year students, and general readers; public and school libraries."-Choice