2012 Fiscal Year Final Research Report
Governance and Policy Making of the Federal Reserve System: 1914-1956
| Project/Area Number |
22530352
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic history
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| Research Institution | Meiji University |
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Principal Investigator |
SUTO Isao 明治大学, 政治経済学部, 教授 (90179284)
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| Project Period (FY) |
2010 – 2012
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| Keywords | (A)経済史 |
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| Research Abstract |
This research found out the evolution of the governance and membership of the directors and presidents of the regional Federal Reserve banks, drawing on detailed biographical data on all directors from 1914 to 1955. I described how directors and presidents of the Fed banks were elected or, depending on their status, appointed by the Federal Reserve Board under the Federal Reserve Act, and how the process changed over time. Lastly, I traced how their social backgrounds were changed during our period.
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