Accession Number:

AD0620992

Title:

INSTITUTIONS, POLICY, AND MONETARY ANALYSIS,

Descriptive Note:

Corporate Author:

CALIFORNIA UNIV LOS ANGELES BUREAU OF BUSINESS AND ECONOMIC RESEARCH

Personal Author(s):

Report Date:

1965-01-01

Pagination or Media Count:

25.0

Abstract:

The book by Milton Friedman and Anna Schwartz A monetary history of the United States, 1867-1960 Princeton Univ. Press, 1963 is reviewed. The review is divided as follows 1 Money-supply theory base, multiplier, and money stock reserve ratio and currency ratio explanation of the base. 2 Velocity theory breakdown of the permanent-income hypothesis of velocity search for an explanation case against the case against interest rates case for interest rates. 3 Monetary policy.

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE