The Federal Reserve System Balance Sheet : What Happened and Why it Matters /

The recent expansion of the balance sheet of the consolidated Federal Reserve Banks (FRB) is analyzed in an historical context. The analysis reveals that the nature of Fed involvement in U.S. financial markets has changed dramatically and its expansion is several orders of magnitude beyond what is u...

ver descrição completa

Detalhes bibliográficos
Autor principal: Stella, Peter
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2009.
Colecção:IMF Working Papers; Working Paper ; No. 2009/120
Acesso em linha:Full text available on IMF