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

Lawrence White ()

Econ Journal Watch, 2005, vol. 2, issue 2, 325-354

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.

Keywords: monetary economics; central bank (search for similar items in EconPapers)
JEL-codes: A14 E42 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (13)

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