Innovative Federal Reserve Policies During the Great Financial Crisis最新文献

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Housing and Other Price Bubbles: The Buildup, the Burst, and the Impact 住房和其他价格泡沫:积累、爆发和影响
Innovative Federal Reserve Policies During the Great Financial Crisis Pub Date : 2018-07-25 DOI: 10.1142/9789813236592_0008
G. Kaufman, A. Malliaris, R. W. Nelson
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引用次数: 0
The Shadow Financial Regulatory Committee’s Views on Systemic and Payments System Risks 影子金融监管委员会对系统和支付系统风险的看法
Innovative Federal Reserve Policies During the Great Financial Crisis Pub Date : 2018-07-25 DOI: 10.1142/9789813236592_0010
R. Eisenbeis
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引用次数: 1
The Costs and Benefits of Shrinking the Fed’s Discount Window 缩减美联储贴现窗口的成本和收益
Innovative Federal Reserve Policies During the Great Financial Crisis Pub Date : 2018-07-25 DOI: 10.1142/9789813236592_0006
H. Rosenblum
{"title":"The Costs and Benefits of Shrinking the Fed’s Discount Window","authors":"H. Rosenblum","doi":"10.1142/9789813236592_0006","DOIUrl":"https://doi.org/10.1142/9789813236592_0006","url":null,"abstract":"","PeriodicalId":367486,"journal":{"name":"Innovative Federal Reserve Policies During the Great Financial Crisis","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132186300","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Macroprudential Regulation and Supervision: Different Strokes for Different Folks 宏观审慎监管:不同人不同招
Innovative Federal Reserve Policies During the Great Financial Crisis Pub Date : 2018-07-25 DOI: 10.1142/9789813236592_0005
G. Garcia
{"title":"Macroprudential Regulation and Supervision: Different Strokes for Different Folks","authors":"G. Garcia","doi":"10.1142/9789813236592_0005","DOIUrl":"https://doi.org/10.1142/9789813236592_0005","url":null,"abstract":"","PeriodicalId":367486,"journal":{"name":"Innovative Federal Reserve Policies During the Great Financial Crisis","volume":"91 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127333883","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Monetary Policy with a Large Balance Sheet: Lessons from the Financial History of the United States 资产负债表庞大的货币政策:美国金融史的教训
Innovative Federal Reserve Policies During the Great Financial Crisis Pub Date : 2018-07-25 DOI: 10.1142/9789813236592_0002
E. Tallman
{"title":"Monetary Policy with a Large Balance Sheet: Lessons from the Financial History of the United States","authors":"E. Tallman","doi":"10.1142/9789813236592_0002","DOIUrl":"https://doi.org/10.1142/9789813236592_0002","url":null,"abstract":"This paper examines how monetary policy implementation with a large balance sheet relies upon interest on excess reserves. The paper then examines the Federal Reserve System balance sheet from its inception in 1914 until the end of 2015. Noting periods when it either increased rapidly or was large relative to activity measures, we focus on the onset of the U.S. participation in World War One (WWI), the Great Depression, and the World War Two (WWII) experience. The rapid reduction in the Fed balance sheet following WWI was associated with a sharp real contraction, whereas the more gradual decline that followed WWII was associated with better real outcomes. The current Federal Reserve balance sheet will likely contract by between $1 trillion to $1.75 trillion to “normalize,” and can contract gradually by allowing securities to mature without reinvestment. The large balance sheet might compromise policymaking if it persists indefinitely. Effective monetary policy could be threatened if, through a misunderstanding, interest on excess reserves was made unavailable. In a scenario analysis, the paper shows how Federal Reserve interest rate control would be compromised and force a sharp contraction of Federal Reserve credit, a speed more rapid than the unfavorable WWI credit contraction.","PeriodicalId":367486,"journal":{"name":"Innovative Federal Reserve Policies During the Great Financial Crisis","volume":"61 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132256690","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
FRONT MATTER 前页
Innovative Federal Reserve Policies During the Great Financial Crisis Pub Date : 2018-07-25 DOI: 10.1142/9789813236592_fmatter
Douglas D. Evanoff, George G. Kaufman, A. Malliaris
{"title":"FRONT MATTER","authors":"Douglas D. Evanoff, George G. Kaufman, A. Malliaris","doi":"10.1142/9789813236592_fmatter","DOIUrl":"https://doi.org/10.1142/9789813236592_fmatter","url":null,"abstract":"","PeriodicalId":367486,"journal":{"name":"Innovative Federal Reserve Policies During the Great Financial Crisis","volume":"87 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116432195","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Lessons from the U.S. Experience with Quantitative Easing 美国量化宽松的经验教训
Innovative Federal Reserve Policies During the Great Financial Crisis Pub Date : 2015-02-05 DOI: 10.1142/9789813236592_0004
Eric S. Rosengren
{"title":"Lessons from the U.S. Experience with Quantitative Easing","authors":"Eric S. Rosengren","doi":"10.1142/9789813236592_0004","DOIUrl":"https://doi.org/10.1142/9789813236592_0004","url":null,"abstract":"","PeriodicalId":367486,"journal":{"name":"Innovative Federal Reserve Policies During the Great Financial Crisis","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116911145","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
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