The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior downloadPDF, EPUB, MOBI
The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior downloadPDF, EPUB, MOBI
The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior.cSpence Hilton
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Author: Spence Hilton
Number of Pages: 22 pages
Published Date: 01 Sep 2012
Publisher: Bibliogov
Publication Country: United States
Language: English
ISBN: 9781249455769
File size: 22 Mb
File Name: The.Impact.of.Banks'.Cumulative.Reserve.Position.on.Federal.Funds.Rate.Behavior.pdf
Download Link: The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior
---------------------------------------------------------------
We analyze the impact that reserve levels accumulated through the preceding day in a reserve maintenance period have on the level of the federal funds rate each morning prior to when open-market operations are arranged. Our empirical results and other evidence provided about intraday patterns of the federal funds rate demonstrate that the pace at which reserves are supplied over a maintenance period to meet banks' total reserve requirements is an important determinant of federal funds rate behavior.
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The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior.cSpence Hilton
Author: Spence Hilton
Number of Pages: 22 pages
Published Date: 01 Sep 2012
Publisher: Bibliogov
Publication Country: United States
Language: English
ISBN: 9781249455769
File size: 22 Mb
File Name: The.Impact.of.Banks'.Cumulative.Reserve.Position.on.Federal.Funds.Rate.Behavior.pdf
Download Link: The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior
---------------------------------------------------------------
We analyze the impact that reserve levels accumulated through the preceding day in a reserve maintenance period have on the level of the federal funds rate each morning prior to when open-market operations are arranged. Our empirical results and other evidence provided about intraday patterns of the federal funds rate demonstrate that the pace at which reserves are supplied over a maintenance period to meet banks' total reserve requirements is an important determinant of federal funds rate behavior.
Read online The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior Buy and read online The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior Download The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior for pc, mac, kindle, readers Download to iPad/iPhone/iOS, B&N nook The Impact of Banks' Cumulative Reserve Position on Federal Funds Rate Behavior
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