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...
Автор: | |
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2009.
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Серія: | IMF Working Papers; Working Paper ;
No. 2009/120 |
Онлайн доступ: | Full text available on IMF |