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University of Cambridge > Talks.cam > Financial History Seminar > Doctrinal determinants of Federal Reserve policy, 1914-1934
Doctrinal determinants of Federal Reserve policy, 1914-1934Add to your list(s) Download to your calendar using vCal
If you have a question about this talk, please contact Dr Duncan Needham. This paper describes the doctrinal foundations of Federal Reserve policy from the establishment of the institution through the early 1930s, focusing on the role of international factors in those doctrines and conceptions. International considerations were at most part of the constellation of factors shaping the Federal Reserve’s outlook and policies even in the high gold standard era that ended in 1933. However, neither was the influence of international factors absent, much less negligible. Nor were the Fed’s policies without consequences for the rest of the world. Having described the doctrinal foundations of Federal Reserve policy, I analyze how the doctrines in question influenced the central bank’s actions and shaped the impact of monetary policy on a number of key occasions, focusing in particular on episodes where the international economy and the rest of the world played an important role. This talk is part of the Financial History Seminar series. This talk is included in these lists:
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