Barnett, William A. (2010): Audit the Federal Reserve?
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Abstract
An independent institute for monetary statistics is needed in the United States. Expanded Congressional audit would be a second best alternative, but would not fully address the needs and would carry risks.
Item Type: | MPRA Paper |
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Original Title: | Audit the Federal Reserve? |
Language: | English |
Keywords: | Federal Reserve; data institute; audit; GAO; monetary aggregation; index number theory |
Subjects: | C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology ; Computer Programs > C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data ; Data Access E - Macroeconomics and Monetary Economics > E0 - General > E01 - Measurement and Data on National Income and Product Accounts and Wealth ; Environmental Accounts E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E50 - General E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E41 - Demand for Money |
Item ID: | 20261 |
Depositing User: | William A. Barnett |
Date Deposited: | 27 Jan 2010 07:06 |
Last Modified: | 28 Sep 2019 05:53 |
References: | Burton A. Abrams (2006), "How Richard Nixon Pressured Arthur Burns: Evidence from the Nixon Tapes," Journal of Econ Perspectives, Fall 2006, pp. 177-188. William A. Barnett (1984), “Recent Monetary Policy and the Divisia Monetary Aggregates,” American Statistician, American Statistical Association, vol. 38, pp. 165-172. William A. Barnett, Getting It Wrong: How Faulty Monetary Statistics Undermine the Fed, MIT Press, forthcoming. William A. Barnett and Marcelle Chauvet, “How Better Monetary Statistics Could Have Signaled the Financial Crisis,” Journal of Econometrics, forthcoming. William A. Barnett and Paul Samuelson (2007), Inside the Economist’s Mind, Wiley/Blackwell, Malden, MA, p. 116. William A. Barnett and Apostolos Serletis (2000), The Theory of Monetary Aggregation, Elsevier, Amsterdam. William A. Barnett, Edward K. Offenbacher, and Paul A. Spindt (1984), “The New Divisia Monetary Aggregates,” Journal of Political Economy, vol 92, pp. 1049-1085. Robert P. Bremmer (2004), Chairman of the Fed: William McChesney Martin and the Creation of the Modern American Financial System, Yale Univ Press. Robert Lucas (2003), “Macroeconomic Priorities,” American Economic Review, vol. 93, no. 1, pp. 1-14. William Poole, “Monetary Policy: Eight Years of Progress?” Journal of Finance, vol 34, no 2, May 1979, pp. 473-484. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/20261 |