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Has the Fed been a failure? · Study

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ArticleHas the Fed been a failure?

George Selgin2012

Article2012

Has the Fed been a failure?

George Selgin · William D. Lastrapes · Lawrence H. White

115 citations·0/0 files stored·Journal of Macroeconomics

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Monetary Policy and Economic Impact Banking stability, regulation, efficiency Global Financial Crisis and Policies

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References

1983Bank Runs, Deposit Insurance, and Liquidity 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans 1976Econometric policy evaluation: A critique 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*1988The Dynamic Effects of Aggregate Demand and Supply Disturbances 1999Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series 2017A Monetary History of the United States, 1867-1960 1983A Positive Theory of Monetary Policy in a Natural Rate Model

Cited by

2009Financial Innovation, Regulation, and Reform 2009Is the Great Moderation over? an Empirical Analysis 2015Polycentric Banking and Macroeconomic Stability 2013Federal Reserve Independence: Reality or Myth?2014Has the Fed improved U.S. economic performance?2013Robust Political Economy and the Lender of Last Resort

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1999Chapter 3 Monetary policy regimes and economic performance: The historical recordchapter · 15 shared references 2012Bank failures and the cost of systemic risk: Evidence from 1900 to 1930article · 13 shared references 2014THE TIME-VARYING EFFECTS OF PERMANENT AND TRANSITORY SHOCKS TO REAL OUTPUTarticle · 13 shared references 2003Have National Business Cycles Become More Synchronized?report · 12 shared references 2013Robust Political Economy and the Lender of Last Resortchapter · 12 shared references 2017What's so great about the Great Moderation?article · 12 shared references

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Year2012

Typearticle

Published2012-03-06

VenueJournal of Macroeconomics

ISSN-L0164-0704

Languageen

Citations115

Files0 public / 0

ShelfMonetary Policy and Economic Impact

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doi10.1016/j.jmacro.2012.02.003

openalex_workW3124997601

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2010

Lender of Last Resort: What It Is, Whence It Came, and Why the Fed Isn't It

2018Adaptation and Central Banking