Interest on reserves and Federal Reserve unwinding
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Economics and Business"
DOI: 10.1016/j.jeconbus.2018.02.002
Abstract: Abstract This paper investigates the effects of reductions in the Federal Reserve’s asset portfolio on bank lending in the context of the Dutkowsky-VanHoose model of interest on reserves and regime shifts. Based upon relative magnitudes… read more here.
Keywords: retail lending; federal reserve; october 2008; interest ... See more keywords