On the Optimality of Reserve Requirements
收藏NBER1991-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/t0101
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资源简介：
An implicit rationale for a bank reserve requirement is that a central monetary authority is in a unique position (as "social planner) to impose a "socially superior" outcome to that yielded by a free banking system. We illustrate how this can be true in the context of a simple economy modeled to
提供机构：
美国国家经济研究局
创建时间：
1991-04-01
