Dr. Schwartz's books include The Growth and Fluctuation of the British Economy, 1790-1850 (with Arthur D. Gayer and Walt Rostow); A Monetary History of the United States, 1867-1960 (with Milton Friedman); Monetary Statistics of the United States (with Milton Friedman); Monetary Trends in the United States and the United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1867-1975 (with Milton Friedman); The International Transmission of Inflation (with M. R. Darby, et al.); and Money in Historical Perspective.

She has been President of the Western Economic Association; Professor of Economics at City University of New York; and a Member of the Board of Editors for the American Economic Review; Journal of Money, Credit, and Banking; and Journal of Financial Services Research.