Financial Deregulation and Monetary Control

Financial Deregulation and Monetary Control

Historical Perspective and Impact of the 1980 Act

Authors: Thomas F. Cargill, Gillian G. Garcia
ISBN: 978-0-8179-7592-0
Publication Date: 2/26/1982
Pages: 154

The Depository Institution Deregulation and Monetary Control Act of 1980 has been the most comprehensive attempt at financial and monetary reform since the 1930s. Based on the authors' experience as visiting scholars in the Division of Banking Research and Economic Policy at the Office of the Comptroller in 1980, this study explores the act's historical antecedents, its purpose, and its potential effects on the financial system and the conduct of monetary policy during the 1980s. The authors examine the strengths and weaknesses of this important first step in the series of reforms required to improve monetary control and create a more flexible, efficient, and competitive financial system.

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Gillian G. Garcia




Thomas F. Cargill

Thomas F. Cargill received his Ph.D from the University of California at Davis and is now Professor of Economics at the University of Nevada at Reno, where he has taught since 1973. His appointments include Visiting Scholar, Hoover Institution, Stanford University; Visiting Scholar, Bank of Japan, Tokyo; Visiting Scholar, Ministry of Finance, Tokyo; and, in 1988, Visiting Scholar, Federal Deposit Insurance Corporation."




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