Anna J Schwartz
Biographic Data
| ID | 3714076 |
|---|---|
| NAME | Anna J Schwartz |
| GIVEN NAMES | Anna J |
| FAMILY NAME | Schwartz |
| SIGNATURE | SCHWARTZ A J |
| AFFILIATIONS | Senior Research Staff, National Bureau of Economic Research |
| VERIFIED | No |
| TOTAL WORKS | 20 |
| TOTAL CITATIONS | 32 |
| AUTHOR COUNT | 20 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1963 |
| LATEST PUBLICATION YEAR | 2004 |
| H-INDEX | 4 |
IS-LM and Monetarism
This paper discusses monetarist objections to the IS-LM model. We explore the views of two principal spokesmen for monetarism: Milton Friedman and the team of Karl Brunner and Allan Meltzer. Friedman did not explicitly state the reasons he generally chose not to use the IS-LM model in rejecting Keynesian views on the demand function for money, the role of autonomous expenditures in cyclical fluctuations, the potency of fiscal policy as against mo…
Was Expansionary Monetary Policy Feasible during the Great Contraction? An Examination of the Gold Standard Constraint
Us Foreign Exchange Market Intervention Since 1962
A bstract The Federal Reserve has intervened in foreign exchange markets since 1962 as a partner of the Treasury's Exchange Stabilization Fund. Departing from its scripted passive role under the Bretton Woods system, the US defense of the dollar under pegged exchange rates may not appear unreasonable. Why the practice continues under a floating rate system is harder to understand. By accumulating large foreign currency balances since 1987, the US…
Are Central Banks necessary
Two recent studies use history and theory to examine the likely consequences of eliminating government intervention in the provision of money. Such proposals would end the central bank monopoly over note issue and replace it with note issues by competing banks. Supervisory functions of central banks would be dispensed with. Accordingly, the proposals would free banks from all regulations on entry, disclosure, geographical limitations, and the pro…
Milton Friedman
Journal Article Milton Friedman: Economics in Theory and Practice Get access Milton Friedman: Economics in Theory and Practice. By Abraham Hirsch and NEIL DE MARCHI. (Hemel Hempstead: Harvester Wheatsheaf, 1990. Pp. viii + 325. £30.00 hardback. ISBN 0 7450 0181 5.) Anna J. Schwartz Anna J. Schwartz National Bureau of Economic Research Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 102, Issue …
Lessons from the Great Depression
Do events of the 1930s carry a message for the 1990s? If there one key lesson to be learned, Peter Temin points out, it that political ideology drives economic events. The Great Depression was caused by politicians and policymakers following the wrong economic ideology, not by a mechanical breakdown of the system. Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain France, Germany, a…
Money in Historical Perspective
Modern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whose career has spanned almost half a century. Her contributions evidence a broad expertise in international history and policy, and an ability to apply the results of her careful historical research to current issues and debates. Money in Historical Perspective is a collection of sixteen of …
The failure of the bank of United States
World Inflation Since 1950
A Retrospective on the Classical Gold Standard, 1821-1931
This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today coul…
Monetary Trends in the United States and the United Kingdom
Monetary Trends in the United States and the United Kingdom
Journal Article Monetary Trends in the United States and the United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1867-1975 Get access Monetary Trends in the United States and the United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1867-1975 By MILTON FRIEDMAN and ANNA J. SCHWARTZ. (Chicago and London: University of Chigaco Press, 1982. Pp. xxxi + 644. 33-60.) G. K. Shaw G. K. Shaw University College at Buckingh…
Monetary Trends in the United States and the United Kingdom
The special task of this book is to present a statistical and theoretical analysis of the relation between the quantity of money and other key economic magnitudes over periods longer than those dominated by cyclical fluctuations-hence the term trends in the title. This book is not restricted to the United States but includes comparable data for the United Kingdom.
The Effect of Term Structure of Interest Rates on the Demand for Money in the United States
Money and prices in the 19th century
Money and Prices in the Nineteenth Century
In recent work, W. W. Rostow and W. A. Lewis have forcefully argued that real, not monetary, forces explain major periods of inflation and deflation in both the United States and Great Britain from 1797 to 1914. For them, changes in relative growth rates of agricultural and industrial output induce changes in the relative prices of major commodities and in the overall price level. A test of the substitutability of wheat for other primary products…
Money and Empire
Inflation in the United States
Essay| November 01 1975 Inflation in the United States Anna J. Schwartz Anna J. Schwartz Senior Research Staff, National Bureau of Economic Research Anna J. Schwartz for many years has been collaborating with Milton Friedman on studies of the effects of changes in the rate of growth of the money stock on both cyclical and long-term changes in income, employment, output, prices and interest rates. She is also co-author, with A. D. Gayer and W. W. …
A Monetary History of the United States, 1867-1960
Money and Business Cycles
PpT HE subject assigned for this session covers too broad an area to be given even fairly cursory treatment in single paper. Accordingly, we have chosen to concentrate on the part of it that relates to in fluctuations. We shall still further narrow the scope of the paper by interpreting monetary factors to mean the role of the stock of money and of changes in the stock thereby casting the market as one of the supporting players rather than star p…
Monetary Trends in the United States and the United Kingdom
Journal Article Monetary Trends in the United States and the United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1867-1975 Get access Monetary Trends in the United States and the United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1867-1975 By MILTON FRIEDMAN and ANNA J. SCHWARTZ. (Chicago and London: University of Chigaco Press, 1982. Pp. xxxi + 644. 33-60.) G. K. Shaw G. K. Shaw University College at Buckingh…
Was Expansionary Monetary Policy Feasible during the Great Contraction? An Examination of the Gold Standard Constraint
Money and prices in the 19th century
The failure of the bank of United States
IS-LM and Monetarism
This paper discusses monetarist objections to the IS-LM model. We explore the views of two principal spokesmen for monetarism: Milton Friedman and the team of Karl Brunner and Allan Meltzer. Friedman did not explicitly state the reasons he generally chose not to use the IS-LM model in rejecting Keynesian views on the demand function for money, the role of autonomous expenditures in cyclical fluctuations, the potency of fiscal policy as against mo…
Money and Prices in the Nineteenth Century
In recent work, W. W. Rostow and W. A. Lewis have forcefully argued that real, not monetary, forces explain major periods of inflation and deflation in both the United States and Great Britain from 1797 to 1914. For them, changes in relative growth rates of agricultural and industrial output induce changes in the relative prices of major commodities and in the overall price level. A test of the substitutability of wheat for other primary products…
Lessons from the Great Depression
Do events of the 1930s carry a message for the 1990s? If there one key lesson to be learned, Peter Temin points out, it that political ideology drives economic events. The Great Depression was caused by politicians and policymakers following the wrong economic ideology, not by a mechanical breakdown of the system. Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain France, Germany, a…
A Monetary History of the United States, 1867-1960
Money and Business Cycles
PpT HE subject assigned for this session covers too broad an area to be given even fairly cursory treatment in single paper. Accordingly, we have chosen to concentrate on the part of it that relates to in fluctuations. We shall still further narrow the scope of the paper by interpreting monetary factors to mean the role of the stock of money and of changes in the stock thereby casting the market as one of the supporting players rather than star p…
A Monetary History of the United States, 1867-1960
Inflation in the United States
Essay| November 01 1975 Inflation in the United States Anna J. Schwartz Anna J. Schwartz Senior Research Staff, National Bureau of Economic Research Anna J. Schwartz for many years has been collaborating with Milton Friedman on studies of the effects of changes in the rate of growth of the money stock on both cyclical and long-term changes in income, employment, output, prices and interest rates. She is also co-author, with A. D. Gayer and W. W. …
Money and Empire
Money and Prices in the Nineteenth Century
In recent work, W. W. Rostow and W. A. Lewis have forcefully argued that real, not monetary, forces explain major periods of inflation and deflation in both the United States and Great Britain from 1797 to 1914. For them, changes in relative growth rates of agricultural and industrial output induce changes in the relative prices of major commodities and in the overall price level. A test of the substitutability of wheat for other primary products…
Money and prices in the 19th century
Monetary Trends in the United States and the United Kingdom
The special task of this book is to present a statistical and theoretical analysis of the relation between the quantity of money and other key economic magnitudes over periods longer than those dominated by cyclical fluctuations-hence the term trends in the title. This book is not restricted to the United States but includes comparable data for the United Kingdom.
The Effect of Term Structure of Interest Rates on the Demand for Money in the United States
Monetary Trends in the United States and the United Kingdom
Journal Article Monetary Trends in the United States and the United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1867-1975 Get access Monetary Trends in the United States and the United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1867-1975 By MILTON FRIEDMAN and ANNA J. SCHWARTZ. (Chicago and London: University of Chigaco Press, 1982. Pp. xxxi + 644. 33-60.) G. K. Shaw G. K. Shaw University College at Buckingh…
Monetary Trends in the United States and the United Kingdom
The failure of the bank of United States
World Inflation Since 1950
A Retrospective on the Classical Gold Standard, 1821-1931
This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today coul…
Money in Historical Perspective
Modern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whose career has spanned almost half a century. Her contributions evidence a broad expertise in international history and policy, and an ability to apply the results of her careful historical research to current issues and debates. Money in Historical Perspective is a collection of sixteen of …
Lessons from the Great Depression
Do events of the 1930s carry a message for the 1990s? If there one key lesson to be learned, Peter Temin points out, it that political ideology drives economic events. The Great Depression was caused by politicians and policymakers following the wrong economic ideology, not by a mechanical breakdown of the system. Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain France, Germany, a…
Milton Friedman
Journal Article Milton Friedman: Economics in Theory and Practice Get access Milton Friedman: Economics in Theory and Practice. By Abraham Hirsch and NEIL DE MARCHI. (Hemel Hempstead: Harvester Wheatsheaf, 1990. Pp. viii + 325. £30.00 hardback. ISBN 0 7450 0181 5.) Anna J. Schwartz Anna J. Schwartz National Bureau of Economic Research Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 102, Issue …
Are Central Banks necessary
Two recent studies use history and theory to examine the likely consequences of eliminating government intervention in the provision of money. Such proposals would end the central bank monopoly over note issue and replace it with note issues by competing banks. Supervisory functions of central banks would be dispensed with. Accordingly, the proposals would free banks from all regulations on entry, disclosure, geographical limitations, and the pro…
Us Foreign Exchange Market Intervention Since 1962
A bstract The Federal Reserve has intervened in foreign exchange markets since 1962 as a partner of the Treasury's Exchange Stabilization Fund. Departing from its scripted passive role under the Bretton Woods system, the US defense of the dollar under pegged exchange rates may not appear unreasonable. Why the practice continues under a floating rate system is harder to understand. By accumulating large foreign currency balances since 1987, the US…
Was Expansionary Monetary Policy Feasible during the Great Contraction? An Examination of the Gold Standard Constraint
IS-LM and Monetarism
This paper discusses monetarist objections to the IS-LM model. We explore the views of two principal spokesmen for monetarism: Milton Friedman and the team of Karl Brunner and Allan Meltzer. Friedman did not explicitly state the reasons he generally chose not to use the IS-LM model in rejecting Keynesian views on the demand function for money, the role of autonomous expenditures in cyclical fluctuations, the potency of fiscal policy as against mo…
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