Required clearing balances
A description of the little-known rules governing the holding of required clearing balances at the Federal Reserve Banks, a look at the growing popularity of this relatively new phenomenon, and an analysis of its impact on the setting and measuring of monetary policy.
Volume (Year): (1993)
Issue (Month): Q IV ()
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- Douglas D. Evanoff, 1989. "Reserve account management behavior: impact of the reserve accounting scheme and carry forward provision," Working Paper Series, Issues in Financial Regulation 89-12, Federal Reserve Bank of Chicago.
- Michelle R. Garfinkel & Daniel L. Thornton, 1991. "Alternative measures of the monetary base: what are the differences and are they important?," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 19-35.
- William Poole, 1968. "Commercial Bank Reserve Management In A Stochastic Model: Implications For Monetary Policy," Journal of Finance, American Finance Association, vol. 23(5), pages 769-791, December.
- E.J. Stevens, 1989. "Removing the hazard of Fedwire daylight overdrafts," Economic Review, Federal Reserve Bank of Cleveland, issue Q II, pages 2-10.
- Paul Spindt & Vefa Tarhan, 1978. "The liquidity structure adjustment decision of large money center banks," Special Studies Papers 121, Board of Governors of the Federal Reserve System (U.S.).
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