After the Accord A History of Federal Reserve Open Market Operations, the US Government Securities Market, and Treasury Debt Management from 1951 to 1979
Book contents
- After the Accord
- Studies in Macroeconomic History
- After the Accord
- Copyright page
- Dedication
- Contents
- Charts
- Tables
- Boxes
- Foreword
- Acknowledgments
- Treasury Officials
- Federal Reserve Officials
- The Many Varieties of Dealer
- 1 Introduction
- Part I The System and the Market in the 1940s
- Contents
- 2 The Government Securities Market
- 3 Reserves, Reserve Requirements, and Reserves Management
- 4 The Institutional Framework of Open Market Operations
- Part II The Accord and Its Aftermath
- Part III The New Regime
- Part IV Summer 1958 and Its Consequences
- Part V The End of Bills Preferably
- Part VI The 1960s
- Part VII Updating Market Infrastructures
- Part VIII The 1970s
- Part IX Infrastructure in the 1970s
- References
- Index
3 - Reserves, Reserve Requirements, and Reserves Management
from Part I - The System and the Market in the 1940s
Published online by Cambridge University Press: 14 January 2021
Book contents
- After the Accord
- Studies in Macroeconomic History
- After the Accord
- Copyright page
- Dedication
- Contents
- Charts
- Tables
- Boxes
- Foreword
- Acknowledgments
- Treasury Officials
- Federal Reserve Officials
- The Many Varieties of Dealer
- 1 Introduction
- Part I The System and the Market in the 1940s
- Contents
- 2 The Government Securities Market
- 3 Reserves, Reserve Requirements, and Reserves Management
- 4 The Institutional Framework of Open Market Operations
- Part II The Accord and Its Aftermath
- Part III The New Regime
- Part IV Summer 1958 and Its Consequences
- Part V The End of Bills Preferably
- Part VI The 1960s
- Part VII Updating Market Infrastructures
- Part VIII The 1970s
- Part IX Infrastructure in the 1970s
- References
- Index
Summary
Describes the institutional framework of reserves management, including reserve requirements, sources of bank reserves, the inter-bank Federal funds market, the management of aggregate reserves by Federal Reserve officials, and the limits to reserves management that resulted from wartime and postwar controls on interest rates.
Keywords
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- Chapter
- Information
- After the AccordA History of Federal Reserve Open Market Operations, the US Government Securities Market, and Treasury Debt Management from 1951 to 1979, pp. 30 - 48Publisher: Cambridge University PressPrint publication year: 2021