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The Federal Reserve Board before Marriner Eccles (1931-1934)

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  • Walker F. Todd

Abstract

A history of the evolution of political economy models in the early 1930s--crucial years of change in the supervision and regulation of the financial industry--outlining the policies of the Hoover and Roosevelt administrations, the change of focus in the Federal Reserve Board from corporate-statist economic initiatives to an orthodox Keynesian outlook, and the push toward centralizing the monetary powers of the Federal Reserve System at the Board.

Suggested Citation

  • Walker F. Todd, 1994. "The Federal Reserve Board before Marriner Eccles (1931-1934)," Working Papers (Old Series) 9405, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:fedcwp:9405
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    References listed on IDEAS

    as
    1. Epstein, Gerald & Ferguson, Thomas, 1984. "Monetary Policy, Loan Liquidation, and Industrial Conflict: The Federal Reserve and the Open Market Operations of 1932," The Journal of Economic History, Cambridge University Press, vol. 44(4), pages 957-983, December.
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