Add to ORKGLaws requiring banks to hold a volume of reserves equal to a prescribed fraction of their deposits originated in this country more than a century ago. Since then both the financial system and the rationales supporting reserve requirements have changed considerably. Nevertheless, the practice of requiring reserves has continued without interruption. This article examines the history and function of reserve requirements at the national level and assesses the validity of various prominent reserve requirement rationales.Bank reserves ; Federal Reserve System
In conjunction with the recent interest in the liquidity preferences of commercial banks, which is i...
Most central banks oblige depository institutions to hold minimum reserves against their liabilities...
Reserve requirements are a prominent policy instrument in many emerging countries. The present study...
Reserve requirements has been part of the monetary policy instruments of banking in many countries i...
The discussion in many money and banking textbooks would suggest that the Federal Reserve requires d...
When I was a student thirty years ago, most economic textbooks portrayed reserve requirements as an ...
Banks have a private motive to hold some level of cash and liquid reserves, but the negative externa...
Banks have a private motive to hold some level of cash and liquid reserves, but the negative externa...
Reserve requirements are widely used by central banks as a means to improve monetary control, an ins...
This paper discusses a regulatory plan known as asset-based reserve requirements. By examining the h...
This paper discusses a regulatory plan known as asset-based reserve requirements. By examining the h...
This paper discusses a regulatory plan known as asset-based reserve requirements. By examining the h...
Many countries have either eliminated or considerably reduced reserve requirements during the last d...
International audienceUnlike past literature adopting the loanable funds view, we follow the financi...
In conjunction with the recent interest in the liquidity preferences of commercial banks, which is i...
In conjunction with the recent interest in the liquidity preferences of commercial banks, which is i...
Most central banks oblige depository institutions to hold minimum reserves against their liabilities...
Reserve requirements are a prominent policy instrument in many emerging countries. The present study...
Reserve requirements has been part of the monetary policy instruments of banking in many countries i...
The discussion in many money and banking textbooks would suggest that the Federal Reserve requires d...
When I was a student thirty years ago, most economic textbooks portrayed reserve requirements as an ...
Banks have a private motive to hold some level of cash and liquid reserves, but the negative externa...
Banks have a private motive to hold some level of cash and liquid reserves, but the negative externa...
Reserve requirements are widely used by central banks as a means to improve monetary control, an ins...
This paper discusses a regulatory plan known as asset-based reserve requirements. By examining the h...
This paper discusses a regulatory plan known as asset-based reserve requirements. By examining the h...
This paper discusses a regulatory plan known as asset-based reserve requirements. By examining the h...
Many countries have either eliminated or considerably reduced reserve requirements during the last d...
International audienceUnlike past literature adopting the loanable funds view, we follow the financi...
In conjunction with the recent interest in the liquidity preferences of commercial banks, which is i...
In conjunction with the recent interest in the liquidity preferences of commercial banks, which is i...
Most central banks oblige depository institutions to hold minimum reserves against their liabilities...
Reserve requirements are a prominent policy instrument in many emerging countries. The present study...