`fedz1` Package

An Easier Access to Financial Accounts of the U.S. (Z.1)

Hamid Shafiezadeh

May, 2023

Introduction

The Financial Accounts of the United States, known as Z1, contains data that track the movement of money among different sectors of the economy such as households and nonprofit organizations, nonfinancial corporate businesses, and nonfinancial noncorporate businesses. It includes data on transactions and levels of financial assets, liabilities and balance sheets.

Data

Data is publicly available, but due to the number of data sets and scattered tables and definitions, it is hard to understand, obtain, and analyze data.

`fedz1:` data

The objective of the fedz1 package is to provide easier access to Z1 data. The project is a web scrapping that brings more than twenty thousand datasets into one place.

# Load fedz1 package
library(fedz1)
get_series(choice="series")
get_series(choice="tables")

`fedz1:` functions

In addition to access to all data, users can utilize functions to explore tables, definitions, and the meaning of each series.

# Load fedz1 package
library(fedz1)
get_series(choice="series")
get_series(choice="tables")


search_series("Real estate investment trusts")#all series with the search
search_tables("Nonfinancial Corporate Business")#series associated with a table
meaning_of_prefix("FL")#definition of series
table_descr(c('Net Capital Transfers',"Closed-End Funds"))#the definition of a table

Example1: Analysis of Current Events

The household purchase of Treasuries increased significantly during the tightening monetary policy.

fedz1 Package