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The Federal Reserve System's Influence on Research in Monetary Economics

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  • Lawrence H. White

Abstract

The Federal Reserve System is a major sponsor of monetary economics research by American economists. I provide some measures of the size of the Fed’s research program (both inputs and published outputs) and consider how the Fed’s sponsorship may directly and indirectly influence the character of academic research in monetary economics. In particular, I raise the issue of status quo bias in the Fed-sponsored research.

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Bibliographic Info

Article provided by Econ Journal Watch in its journal Econ Journal Watch.

Volume (Year): 2 (2005)
Issue (Month): 2 (August)
Pages: 325-354

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Handle: RePEc:ejw:journl:v:2:y:2005:i:2:p:325-354

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Keywords: monetary economics; central bank;

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  1. Lawrence H. White in Wikipedia (Spanish)
  2. Lawrence H. White in Wikipedia (English)

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