The Federal Depository Library Program conducted an online seminar, "Discover Economic History with FRASER" to inform the public about resources related to the Federal Reserve System, the central bank of the United States.
What is FRASER?
FRASER is a digital library that provides resources related to finance, banking and economics with an emphasis on the Federal Reserve System. FRASER was developed by the St. Louis Federal Reserve Bank in 2004 to provide "data and policy documents from the Federal Reserve System and other institutions." FRASER has collected over half-a-million documents and highly encourages individuals to utilize these resources. The online library is dedicated to providing economic history of the Federal Reserve System through their entirely digitized archives.
FRASER is committed to helping individuals easily access these materials. The database categorizes information into four main topics: economic data, federal reserve, archives, and education. The economic data category provides access to statistical releases of data publications. The Federal Reserve section lists collections of historical and operational documents related to the Fed. The Archives allows an individual to browse the collections of the archival materials of the history of the Federal Reserve. Lastly, the education category provides educators with unique economic resources to utilize in the classroom. These four categories do not contain all of the documents, so an individual can also browse documents by using title, author, date, theme, or subject.
What can I find in FRASER?
FRASER provides access to monetary information related to the Federal Reserve System. There are a large selection of subjects including: War and the Economy, Fiscal Policy, Employment, Federal Reserve History, etc. The database regularly updates its information and scans documents from economic and monetary websites. FRASER implements a rigorous quality control check to look for missing pages, copyrighted information, and skewed text. Once the materials are edited, they are released to the public. Overall, FRASER contains a large variety of resources that are dedicated to educating the public about monetary policy and economic data.
How to Search
On the home page, find publications such as the Economic Report of the President and Budget of the U.S. Government under 'Popular Items.' Click on the Economic Data tab to find publications or statistics by title, Employment and Earnings, Economic Indicators, etc. Publications can be downloaded in PDF. Date range, subjects, and related items are also given. Publications can also be browsed by Title, Author, Date, Theme, and Subject. See also the Archives tab for publications organized by collection.
What is the Federal Reserve System?
The Federal Reserve System is the "central bank of the U.S. that provides the nation with a safe, flexible, and stable monetary and financial system." "The Fed is made up the Board of Governors, the twelve regional reserve banks, and the Federal Open Market Committee." According to the United States Senate, the Fed was created in 1913 after the 1907 financial crisis that resulted in the collapse of the stock market and other financial institutions. The lack of a federal bank made it difficult to respond to this crisis; private bankers had to stabilize the economy. This incident mobilized President Woodrow Wilson to sign the Federal Reserve Act into law, establishing a central bank.
The Federal Reserve has five primary functions:
Furthermore, there are twelve federal reserve districts. Oklahoma falls under the Kansas City Reserve Bank along with the states of Colorado, Kansas, Nebraska, Wyoming. This region also includes some counties in western Missouri and northern New Mexico.
~Emily Hancz
What is FRASER?
FRASER is a digital library that provides resources related to finance, banking and economics with an emphasis on the Federal Reserve System. FRASER was developed by the St. Louis Federal Reserve Bank in 2004 to provide "data and policy documents from the Federal Reserve System and other institutions." FRASER has collected over half-a-million documents and highly encourages individuals to utilize these resources. The online library is dedicated to providing economic history of the Federal Reserve System through their entirely digitized archives.
FRASER is committed to helping individuals easily access these materials. The database categorizes information into four main topics: economic data, federal reserve, archives, and education. The economic data category provides access to statistical releases of data publications. The Federal Reserve section lists collections of historical and operational documents related to the Fed. The Archives allows an individual to browse the collections of the archival materials of the history of the Federal Reserve. Lastly, the education category provides educators with unique economic resources to utilize in the classroom. These four categories do not contain all of the documents, so an individual can also browse documents by using title, author, date, theme, or subject.
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| FRASER provides access to information for all of the federal reserve districts. |
What can I find in FRASER?
FRASER provides access to monetary information related to the Federal Reserve System. There are a large selection of subjects including: War and the Economy, Fiscal Policy, Employment, Federal Reserve History, etc. The database regularly updates its information and scans documents from economic and monetary websites. FRASER implements a rigorous quality control check to look for missing pages, copyrighted information, and skewed text. Once the materials are edited, they are released to the public. Overall, FRASER contains a large variety of resources that are dedicated to educating the public about monetary policy and economic data.
How to Search
On the home page, find publications such as the Economic Report of the President and Budget of the U.S. Government under 'Popular Items.' Click on the Economic Data tab to find publications or statistics by title, Employment and Earnings, Economic Indicators, etc. Publications can be downloaded in PDF. Date range, subjects, and related items are also given. Publications can also be browsed by Title, Author, Date, Theme, and Subject. See also the Archives tab for publications organized by collection.
What is the Federal Reserve System?
The Federal Reserve System is the "central bank of the U.S. that provides the nation with a safe, flexible, and stable monetary and financial system." "The Fed is made up the Board of Governors, the twelve regional reserve banks, and the Federal Open Market Committee." According to the United States Senate, the Fed was created in 1913 after the 1907 financial crisis that resulted in the collapse of the stock market and other financial institutions. The lack of a federal bank made it difficult to respond to this crisis; private bankers had to stabilize the economy. This incident mobilized President Woodrow Wilson to sign the Federal Reserve Act into law, establishing a central bank.
The Federal Reserve has five primary functions:
- "Conducts the nation's monetary policy"
- "Promotes stability of financial systems"
- "Promotes the safety of individual financial institutions"
- "Fosters payment and settlement system safety and efficiency"
- "Promotes consumer protection and community development"
Furthermore, there are twelve federal reserve districts. Oklahoma falls under the Kansas City Reserve Bank along with the states of Colorado, Kansas, Nebraska, Wyoming. This region also includes some counties in western Missouri and northern New Mexico.
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| The Twelve Federal Reserve banks |
~Emily Hancz
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