Marginal URLs:
- p. 373: For Federal Reserve data concerning the latest trends in the monetary aggregates, go to http://www.federalreserve.gov/releases/, and click on "Money Stock Measures-H.6" under Money Stock and Reserve Balances.
- p. 379: To keep up with the latest issues in deposit insurance and banking with the assistance of FDIC, go to http://www.fdic.gov/.
Issues and Applications, "The Crash of 2008 and the Decline of Investment Banking"—Web Resources:
Issues and Applications, "The Federal Reserve's Role in the Panic of 2008"—Web Resources, Update Edition:
Economics on the Net:
What's Happened to the Money Supply?
Deposits at banks and other financial institutions make up a portion of the U.S. money supply. This exercise gives you the chance to see how changes in these deposits influence the Fed's measures of money.
Title: FRED (Federal Reserve Economic Data)
Navigation: Go to http://research.stlouisfed.org/fred2/categories/24/ to visit the Web page of the Federal Reserve Bank of Saint Louis.
Application
- Select the data series for Demand Deposits at Commercial Banks (Bil. of $; M), either seasonally adjusted or not. Scan through the data. Do you notice any recent trend? (Hint: Compare the growth in the figures before 1993 with their growth after 1993.) In addition, take a look at the data series for currency and for other transactions deposits. Do you observe similar recent trends in these series?
- Back up, and click on Ml Money Stock (Bil. of $; M), again, either seasonally adjusted or not. Does it show any change in pattern beginning around 1993?
