Monetary policy and the great inflation in the United States: the Federal Reserve and the failure of macroeconomic policy, 1965-79

Thomas F. Mayer

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Monetary Policy and Economic Impact Economic Theory and Policy Political and Economic history of UK and US

Abstract

This work deals with the most serious macroeconomic failure experienced in the US in the post-war period, the great inflation of the 1960s and 70s. It offers analyses based upon primary evidence of the inflationary monetary policy conducted in the US during the period.

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2007The Recent Behaviour of Financial Market Volatility 2000Activist Stabilization Policy and Inflation: The Taylor Rule in the 1970s 2006Monetary Policy Strategy: How Did We Get Here?2011The Bank of England: 1950s to 1979 2012Asset Market Participation, Monetary Policy Rules, and the Great Inflation 2005The Great Inflation of the Seventies: What Really Happened?2006Changes in the Federal Reserve's Inflation Target: Causes and Consequences 2010Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation

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