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A monetary history of the United States, 1867-1960 Anna Jacobson Schwartz, Milton Friedman
Publisher: PUP

A Monetary History of The United States: 1867-1960. Our attention is focused primarily on understanding two fundamental observations: (i) the rise and fall of Friedman, Milton and Schwartz, Anna J. Parameter drifting in the Taylor rule that deter- mines monetary policy. Then, we use the results of our estimation to examine, through the lens of the model, the recent monetary policy history of the United States. Princeton University Press, Princeton, 1963. Let's take a look at just how nonsensical Depression comparisons . A Monetary History of the United States, 1867-1960. Essays on the Great Depression by Bernanke. The statistics back then are sketchy and annual only—not to mention the country was in monetary disarray after the Civil War, we had no central bank, let alone fiscal strategy, and the US was itself an emerging market, not a developed juggernaut. America's Greatest Depression by Chandler. Princeton, NJ: Princeton University Press, 1971. A Monetary History of the United States, 1867-1960 by Friedman & Schwartz.