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Show Me The Money

Author

Listed:
  • Edlin Aaron S.
  • Jaffee Dwight M.

Abstract

Aaron Edlin and Dwight Jaffee wonder: where has all the money and credit gone? Bank reserves at the Fed are monumental, and they suggest a tax on excess reserves.

Suggested Citation

  • Edlin Aaron S. & Jaffee Dwight M., 2009. "Show Me The Money," The Economists' Voice, De Gruyter, vol. 6(4), pages 1-5, March.
  • Handle: RePEc:bpj:evoice:v:6:y:2009:i:4:n:8
    DOI: 10.2202/1553-3832.1568
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    Citations

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    Cited by:

    1. João Braz Pinto & João Sousa Andrade, 2015. "A Monetary Analysis of the Liquidity Trap," GEMF Working Papers 2015-06, GEMF, Faculty of Economics, University of Coimbra.
    2. Khemraj, Tarron, 2009. "A note on US excess bank reserves and the credit contraction," MPRA Paper 18702, University Library of Munich, Germany.
    3. Hatgioannides, John & Karanassou, Marika, 2011. "Warrant Economics, Call-Put Policy Options and the Fallacies of Economic Theory," IZA Discussion Papers 6251, Institute of Labor Economics (IZA).
    4. Karanassou, Marika & Sala, Hector, 2010. "The US inflation-unemployment trade-off revisited: New evidence for policy-making," Journal of Policy Modeling, Elsevier, vol. 32(6), pages 758-777, November.
    5. Massimiliano Affinito, 2013. "Central bank refinancing, interbank markets, and the hypothesis of liquidity hoarding: evidence from a euro-area banking system," Temi di discussione (Economic working papers) 928, Bank of Italy, Economic Research and International Relations Area.
    6. Larsson, Bo & Wijkander, Hans, 2012. "Banking on Regulations?," Research Papers in Economics 2012:3, Stockholm University, Department of Economics.
    7. Bouwman, Christa H. S., 2013. "Liquidity: How Banks Create It and How It Should Be Regulated," Working Papers 13-32, University of Pennsylvania, Wharton School, Weiss Center.

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