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Paying interest on deposits at Federal Reserve banks


  • Richard G. Anderson


Paying interest on reserves should allow us to better control the federal funds rate.

Suggested Citation

  • Richard G. Anderson, 2008. "Paying interest on deposits at Federal Reserve banks," Economic Synopses, Federal Reserve Bank of St. Louis.
  • Handle: RePEc:fip:fedles:y:2008:n:30

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    References listed on IDEAS

    1. Liao, Wei & Santacreu, Ana Maria, 2015. "The trade comovement puzzle and the margins of international trade," Journal of International Economics, Elsevier, vol. 96(2), pages 266-288.
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    Cited by:

    1. Silvio Contessi & Johanna L. Francis, 2013. "U.S. Commercial Bank Lending Through 2008:Q4: New Evidence From Gross Credit Flows," Economic Inquiry, Western Economic Association International, vol. 51(1), pages 428-444, January.
    2. Bofinger, Peter & Debes, Sebastian, 2010. "A primer on unconventional monetary policy," CEPR Discussion Papers 7755, C.E.P.R. Discussion Papers.

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    Federal funds rate;


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