The Troubling Economics and Politics of Paying Interest on Bank Reserves: A Critique of the Federal Reserve’s Exit Strategy
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More about this item
Keywords
Interest on reserves; asset based reserve requirements; liquidity ratios;All these keywords.
JEL classification:
- E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2010-04-04 (Central Banking)
- NEP-HPE-2010-04-04 (History and Philosophy of Economics)
- NEP-MAC-2010-04-04 (Macroeconomics)
- NEP-MON-2010-04-04 (Monetary Economics)
- NEP-PKE-2010-04-04 (Post Keynesian Economics)
- NEP-POL-2010-04-04 (Positive Political Economics)
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