#10 - Website on blog topic

http://www.aei.org/policy/economics/monetary-economics/

This site is hosted by the American Enterprise Institute (AEI).  This site was listed on the “Contacts” list of the CQ Researcher report titled “The Federal Reserve,” and on that list they note: “Experts at the conservative think tank, including former Fed staff, provide analyses and commentary on developments in central bank policy.”  The site is well constructed and full of information, which indicates that the AEI is well-resourced and should provide reputable and reliable information.  According to the site’s “About” page: “AEI is a private, nonpartisan, not-for-profit institution dedicated to research and education on issues of government, politics, economics and social welfare. AEI’s purpose is to serve leaders and the public through research and education on the most important issues of the day.”

This page provides information specifically on “monetary economics,” which covers issues pertaining to the Federal Reserve.  The page provides regular fresh content, as the first three stories about monetary economics were published within the previous week.

#9 - Author credentials and curency of book in post #4

The book from my blog post #4 is Do they walk on water? : Federal Reserve chairmen and the Fed, by Leonard Jay Santow. 

From the Alibris web site (“the premier online marketplace for independent sellers of new and used books, music, and movies”): “Leonard J. Santow is Managing Director of Griggs & Santow Inc., an economic consulting firm in New York, whose clients include government agencies, central banks, investment and commercial banks, corporations, pension funds, insurance companies, government securities dealers, and money managers. He has served as Financial Economist for the Federal Reserve Bank of Dallas and on the boards of several investment committees and organizations.”  (http://www.alibris.com/search/books/author/Leonard-J-Santow?aid=4410006#)  I'm not entirely confident about the first part about the clients of Griggs and Santow, but the last part about Santow working for the Federal Reserve Bank of Dallas should be easy to check, so it is probably accurate.  Checking in the WorldCat site, I found that Santow is the author of four books: Social security and the middle-class squeeze: fact and fiction about America's entitlement programs; Do they walk on water? : Federal Reserve chairmen and the Fed; Helping the Federal Reserve work smarter; and The budget deficit: the causes, the costs, the outlook.  It appears that Santow is a well-established and accomplished economist, and he has published this book plus three others, all on the topic of economics.  I conclude that he is a reliable author on issues pertaining to economics and this book on the federal reserve should provide good information on its topic. 

This book was published in 2009.  It is fairly recent and should provide accurate general and historical information about the Federal Reserve, but other information sources would have to be used for more recent developments regarding the Federal Reserve, such as scholarly journal, magazine, and newspaper articles. 

#8 - CQ Researcher Bibliography Books and their Subject Headings

Axilrod, Stephen H. , The Federal Reserve: What Everyone Needs to Know , Oxford University Press, 2013.

Descriptor:

Federal Reserve banks.

Monetary policy -- United States.

Economic policy.

Federal Reserve banks.

Monetary policy.

Not owned by LSU Libraries.

Bernanke, Ben S. , The Federal Reserve and the Financial Crisis , Princeton University Press, 2013. 

Descriptor:

Federal Reserve banks.

Global Financial Crisis, 2008-2009.

Financial crises -- United States.

Monetary policy -- United States.

Economic policy.

Federal Reserve banks.

Financial crises.

Monetary policy.

Not owned by LSU Libraries.

Paul, Ron , End the Fed , Grand Central Publishing, 2009.

Descriptor:

Federal Reserve banks.

Monetary policy -- United States.

Banks and banking, Central -- United States.

Banks and banking, Central.

Federal Reserve banks.

Monetary policy.

Not owned by LSU Libraries. 

Wessel, David , In Fed We Trust: Bernanke's War on the Great Panic , Three Rivers Press, 2010.

Descriptor:

Banks and banking, Central -- United States.

Financial crises -- United States.

Monetary policy -- United States.

Banks and banking, Central.

Financial crises.

Monetary policy. 

Owned by LSU Libraries. 

#7: NY Times article found using LexisNexis

The New York Times

November 11, 2014 Tuesday
Late Edition - Final

Coalition Calls for Public Input as Federal Reserve Selects New Top Officials

BYLINE: By BINYAMIN APPELBAUM

SECTION: Section B; Column 0; Business/Financial Desk; Pg. 3

LENGTH: 906 words

#6 - Article Citation, Cited Reference, and Citing Reference in Web of Science

Original article:

The Most Dangerous Idea in Federal Reserve History: Monetary Policy Doesn't Matter

By: Romer, Christina D.; Romer, David H.

AMERICAN ECONOMIC REVIEW   Volume: 103   Issue: 3   Pages: 55-60   Published: MAY 2013

Cited reference:

Why inflation rose and fell: Policy-makers' beliefs and U. S. postwar stabilization policy

By: Primiceri, Giorgio E.

QUARTERLY JOURNAL OF ECONOMICS   Volume: 121   Issue: 3   Pages: 867-901   Published: AUG 2006

Citing reference:

A Century of US Central Banking: Goals, Frameworks, Accountability

By: Bernanke, Ben S.

JOURNAL OF ECONOMIC PERSPECTIVES Volume: 27   Issue: 4   Pages: 3-16   Published: FAL 2013

#5 - Scholarly article in Academic Search Complete

Evolving Market Perceptions of Federal Reserve Policy Objectives.

   

Authors:

    Kahn, George A.1

    Taylor, Lisa2

Source:

    Economic Review (01612387). First Quarter 2014, p5-64. 60p.

Document Type:

    Article

Subject Terms:

    *MONETARY policy

    *INFLATION (Finance) -- United States

    *FEDERAL funds market (U.S.)

    *SECURITIES markets

    UNITED States

    UNITED States -- Economic conditions -- 2009-

Company/Entity:

    UNITED States. Federal Open Market Committee

NAICS/Industry Codes:

    523210 Securities and Commodity Exchanges

    523110 Investment Banking and Securities Dealing

Abstract:

    The article focuses on the U.S. Federal Open Market Committee's (FOMC) monetary policy objectives for inflation and the perceptions of the financial markets about the FOMC's setting of its target path for the federal funds rate. The history of the Federal Reserve's legal mandate is explored. It indicates that market participants perceive little change in how the committee adjusts the funds rate in response to incoming news about the country's economic conditions.