TY - BOOK AU - Humpage,Owen F. TI - Current federal reserve policy under the lens of economics history: essays to commemorate the Federal Reserve System's Centennial SN - 9781107099098 U1 - 339.530973 21 PY - 2015/// CY - New York PB - Cambridge University Press KW - Estados Unidos KW - Junta de la Reserva Federal KW - Bancos federales de reserva KW - Política monetaria KW - Política económica N1 - Incluye bibliografías e índice; Introduction : Context and content / Owen F. Humpage -- 1. The uses and misuses of economic history / Barry Eichengreen -- 2. Federal reserve policy today in historical perspective / Marvin Goodfriend -- 3. How and why the Fed must change in its second century / Allan H. Meltzer -- 4. The lender of last resort : lessons from the Fed's first 100 years / Mark A. Carlson and David C. Wheelock -- 5. Close but not a central bank : the New York clearing house and issues of clearing house loan certificates / Jon Moen and Ellis Tallman -- 6. Central Bank independence : can it survive a? / Forrest Capie and Geoffrey Wood -- 7. Politics on the road to the U.S. monetary union / Peter L. Rousseau -- 8. U.S. precedents for Europe / Harold James -- 9. The limits of bimetallism / Christopher M. Meissner -- 10. The reserve pyramid and interbank contagion during the Great Depression / Kris James Mitchener and Gary Richardson -- 11. Would large-scale asset purchases have helped in the 1930s? An investigation of the responsiveness of bond yields from the 1930s to changes in debt levels / John Landon-Lane -- 12. A tale of two countries and two booms, Canada and the United States in the 1920s and 2000s : the roles of monetary and financial stability policies / Ehsan U. Choudhri and Lawrence L. Schembri -- 13. It is history but it's no accident : differences in residential mortgage markets in Canada and the United States / Angela Redish -- 14. Monetary regimes and policy on a global scale : the oeuvre of Michael D. Bordo / Hugh Rockoff and Eugene N. White -- 15. Reflections on the history and future of central banking / Michael D. Bordo ER -