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Estimating System Demand for Reserve Balances Using the 2018 Senior Financial Officer Survey

Author

Listed:
  • Thomas Keating
  • Francis Martinez
  • Luke Pettit
  • Marcelo Rezende
  • Mary-Frances Styczynski
  • Alex Thorp

Abstract

In this Note, we introduce a range of estimates of the banking system’s contemporary demand for reserves based on newly available, confidential micro data from a Senior Financial Officer Survey (SFOS) conducted by the Federal Reserve in September 2018.

Suggested Citation

  • Thomas Keating & Francis Martinez & Luke Pettit & Marcelo Rezende & Mary-Frances Styczynski & Alex Thorp, 2019. "Estimating System Demand for Reserve Balances Using the 2018 Senior Financial Officer Survey," FEDS Notes 2019-04-09, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2019-04-09
    DOI: 10.17016/2380-7172.2327
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    File URL: https://www.federalreserve.gov/econres/notes/feds-notes/estimating-system-demand-for-reserve-balances-using-the-2018-senior-financial-officer-survey-20190409.htm
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    File URL: https://libkey.io/10.17016/2380-7172.2327?utm_source=ideas
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    Cited by:

    1. Adam Copeland & Darrell Duffie & Yilin Yang, 2021. "Reserves Were Not So Ample After All," NBER Working Papers 29090, National Bureau of Economic Research, Inc.

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