Skip to main content
Log in

Banking sector influence on the relationship of Congress to the Federal Reserve System

  • Published:
Public Choice Aims and scope Submit manuscript

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

References

  • Alchian, A. A. (1965). The basis for some recent advances in the theory of the firm. Journal of Industrial Economics 14 (November): 30–41.

    Google Scholar 

  • Barone, M., Ujifusa, G., and Matthews, D. (1972, 1974, 1976). Almanac of american politics New York: Dutton.

    Google Scholar 

  • Borins, S. F. (1972). The political economy of ‘The Fed’. Public Policy 22: 175–98.

    Google Scholar 

  • Breton, A., and Wintrobe, R. (1978). A theory of ‘moral’ suasion. Canadian Journal of Economics 11 (May): 210–219.

    Google Scholar 

  • Chant, J. F., and Acheson, K. (1973). Mythology and central banking. Kyklos 26: 362–379.

    Google Scholar 

  • Friedman, B. M. (1978). Public disclosure and domestic monetary policy. In R. D. Erb (Ed.), Federal reserve policies and public disclosure. Washington, D.C.: American Enterprise Institute. 15–40.

    Google Scholar 

  • Grizzle, J. E., Starmer, C. F., and Koch, G. G. (1969). Analysis of categorical data by linear models. Biometrics 25: 489–504.

    Google Scholar 

  • Havrilesky, T. M., Yohe, W. P., and Schirm, D. C. (1973). The economic affiliations of directors of Federal Reserve district banks. Social Science Quarterly 54 (December): 608–622.

    Google Scholar 

  • Pierce, J. L. (1978). The myth of congressional supervision of monetary policy. Journal of Monetary Economics 4 (April): 363–370.

    Google Scholar 

  • Reagan, M. D. (1961). The political structure of the Federal Reserve System. American Political Science Review 55: 64–76.

    Google Scholar 

  • Skaggs, N. T. (1980). An analysis of Federal Reserve behavior: A public choice approach. Unpublished Ph.D. dissertation, Duke University.

  • Skaggs, N. T. (1981). A theory of the bureaucratic value of Federal Reserve operating procedures. Unpublished working paper, Illinois State University.

  • Weintraub, R. E. (1978). Congressional supervision of monetary policy. Journal of Monetary Economics 4 (April): 341–362.

    Google Scholar 

Download references

Authors

Additional information

The authors wish to thank Sam Witsman, Kevin Heid and Tark Choong Sup for their help in computing and data collection and Jack Chizmar for his advice on econometrics. Department of Economics, Illinois State University, Normal, IL 61761.

Rights and permissions

Reprints and permissions

About this article

Cite this article

Skaggs, N.T., Wasserkrug, C.L. Banking sector influence on the relationship of Congress to the Federal Reserve System. Public Choice 41, 295–306 (1983). https://doi.org/10.1007/BF00210363

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1007/BF00210363

Keywords

Navigation