Money, Banking, and Monetary Policy from the Formation of the Federal Reserve Until Today
27 Pages Posted: 16 Mar 2016
Date Written: 2016-01-15
Abstract
The United States Congress created the Federal Reserve System in 1913. The System consists of the Federal Reserve Board in Washington, D.C.; 12 Federal Reserve Banks; and thousands of member commercial banks. This entry describes the evolution of the System and of monetary policy from its foundation through 2013.
Suggested Citation: Suggested Citation
Hetzel, Robert L. and Richardson, Gary, Money, Banking, and Monetary Policy from the Formation of the Federal Reserve Until Today (2016-01-15). FRB Richmond Working Paper No. 16-1, Available at SSRN: https://ssrn.com/abstract=2748438
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.