Graduation Year
2016
Date of Submission
4-2016
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Marc Weidenmier
Terms of Use & License Information
Rights Information
© 2016 James Q Markwith
Abstract
This paper examines U.K financial metric data to determine whether or not the founding of the Federal Reserve had real economic effects on the U.K financial markets. To measure for real effects I use a composite stock price index collected from a variety of industries. I develop the theory using empirical conclusions from past studies on the Federal Reserve and its impact on U.S financial markets to direct my examination of the U.K markets. Although the U.K data shows that the founding of the Federal Reserve influenced short-term interest rates, the analysis does not find real effects on U.K stock prices and long-term interest rates.
Recommended Citation
Markwith, James Q., "Did the Founding of the United States Federal Reserve Impact the Financial Markets of the United Kingdom?" (2016). CMC Senior Theses. 1353.
https://scholarship.claremont.edu/cmc_theses/1353
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
