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Financial crises, reform, and central banking: establishing the federal reserve

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  • David A. Lopez

Abstract

Financial crises and recessions have often led to significant financial reform. Perhaps the most noteworthy financial reform of the past century was the formation of the Federal Reserve System in 1913. This month's newsletter provides historical details of events leading up to the founding of the Federal Reserve.

Suggested Citation

  • David A. Lopez, 2011. "Financial crises, reform, and central banking: establishing the federal reserve," Liber8 Economic Information Newsletter, Federal Reserve Bank of St. Louis, issue January.
    • Handle: RePEc:fip:fedlli:y:2011:i:january
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    File URL: http://research.stlouisfed.org/pageone-economics/uploads/newsletter/2011/201101_ClassroomEdition.pdf
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    File URL: https://research.stlouisfed.org/publications/page1-econ/2011/01/01/financial-crises-reform-and-central-banking-establishing-the-federal-reserve
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    File URL: http://research.stlouisfed.org/pageone-economics/uploads/newsletter/2011/201101.pdf
    File Function: Newsletter edition
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