How Well Do Banks Manage Their Reserves?
收藏NBER2002-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9388
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资源简介：
In this paper we investigate how well banks manage their reserves. The optimal policy takes into account expected foregone interest on excess reserves and penalty costs for going below required reserves. Using a unique panel data-set on daily clearing house settlements of a cross-section of Mexican
提供机构：
美国国家经济研究局
创建时间：
2002-12-01
