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The Contribution of a Monetary History of the United States: 1867 to 1960 To Monetary History / Michael D. Bordo.
- Format:
- Book
- Author/Creator:
- Bordo, Michael D.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w2549.
- NBER working paper series no. w2549
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- The Contribution of a Monetary History of the United States
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1988.
- Summary:
- This paper assesses the role of Friedman and Schwartz's "A Monetary History of the United Slates: 1867 to 1960" as a progenitor of research in monetary history. The paper critically surveys the literature on three major themes in the book: monetary disturbances; the domestic monetary framework and monetary policy: and monetary standards. The book's unique portrayal of the historical circumstances of monetary disturbances and of alternative institutional arrangements serves as the closest thing to a laboratory experiment for the monetary economist. Historical study has become an important tool of modern macroeconomic research.
- Notes:
- Print version record
- April 1988.
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