Would it help to eliminate interest on reserves?

Although we can’t be certain of the size of the effect, the ECB’s recent experience suggests that eliminating interest paid on reserves held with the Federal Reserve would not substantially increase bank lending and money growth.

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Year of publication:	2013
Authors:	Neely, Christopher J.
Published in:	Economic Synopses. - Federal Reserve Bank of St. Louis. - 2013, 8
Publisher:	Federal Reserve Bank of St. Louis
Subject:	Banks and banking \| Central \| Interest rates

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010727269