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Audit the Federal Reserve?

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Author Info

  • William Barnett

    (Department of Economics, The University of Kansas)

Abstract

An independent institute for monetary statistics is needed in the United States, says William Barnett in paper to appear in the journal, Central Banking. Expanded Congressional audit would be a second best alternative, but would not fully address the needs and would carry risks.

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File URL: http://www2.ku.edu/~kuwpaper/2009Papers/201001.pdf
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Bibliographic Info

Paper provided by University of Kansas, Department of Economics in its series WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS with number 201001.

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Length: 9 pages
Date of creation: Jan 2010
Date of revision: Jan 2010
Handle: RePEc:kan:wpaper:201001

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Related research

Keywords: Central banking; Federal Reserve; data institute; monetary aggregation; monetary policy; audit; GAO.;

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References

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  1. William A. Barnett & Marcelle Chauvet, 2010. "How Better Monetary Statistics Could Have Signaled the Financial Crisis," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201005, University of Kansas, Department of Economics, revised Aug 2010.
  2. Burton A. Abrams, 2006. "How Richard Nixon Pressured Arthur Burns: Evidence from the Nixon Tapes," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 177-188, Fall.
  3. Barnett, William A & Offenbacher, Edward K & Spindt, Paul A, 1984. "The New Divisia Monetary Aggregates," Journal of Political Economy, University of Chicago Press, vol. 92(6), pages 1049-85, December.
  4. William Barnett & Apostolos Serletis & W. Erwin Diewert, 2005. "The Theory of Monetary Aggregation (book front matter)," Macroeconomics 0511008, EconWPA.
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Blog mentions

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  1. Audit the Federal Reserve?
    by Economic Logician in Economic Logic on 2010-02-24 14:33:00

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  1. Economic Logic blog

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