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Competition and Monopoly in the Federal Reserve System, 1914-1951

By: Mark (University of Kentucky) Toma (Author)

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Ksh 24,950.00

Format: Hardback or Cased Book

ISBN-13: 9780521562584

Publisher: Cambridge University Press

Publication Date: May 8th, 1997

Weight: 375 grams

Dimension: 22.90 x 15.20 x 1.00 cms

Category: Monetary economics

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In this book Mark Toma explores the workings of the early Federal Reserve System as a basis for challenging the conventional wisdom that competition among central banks in a monetary union results in an over issue problem. The book emphasizes the evolution of the Federal Reserve from a competitive to a monopolistic structure.

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