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A historical assessment of the rationales and functions of reserve requirements

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  • Marvin Goodfriend
  • Monica Hargraves

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  • Marvin Goodfriend & Monica Hargraves, 1983. "A historical assessment of the rationales and functions of reserve requirements," Economic Review, Federal Reserve Bank of Richmond, vol. 69(Mar), pages 3-21.
    • Handle: RePEc:fip:fedrer:y:1983:i:mar:p:3-21:n:v.69no.2
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    References listed on IDEAS

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    1. Coats, Warren L, Jr, 1976. "Lagged Reserve Accounting and the Money Supply Mechanism," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 8(2), pages 167-180, May.
    2. anonymous, 1938. "The history of reserve requirements for banks in the United States," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Nov, pages 953-972.
    3. McCallum, Bennett T., 1981. "Price level determinacy with an interest rate policy rule and rational expectations," Journal of Monetary Economics, Elsevier, vol. 8(3), pages 319-329.
    4. Auernheimer, Leonardo, 1974. "The Honest Government's Guide to the Revenue from the Creation of Money," Journal of Political Economy, University of Chicago Press, vol. 82(3), pages 598-606, May/June.
    5. Sargent, Thomas J & Wallace, Neil, 1982. "The Real-Bills Doctrine versus the Quantity Theory: A Reconsideration," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1212-1236, December.
    6. O. M. W. Sprague, 1914. "The Federal Reserve Act of 1913," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 28(2), pages 213-254.
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