Year: 2020
Type: article
Abstract: Before the 2007-09 financial crisis, excess reserves in the banking system were tiny. After the crisis, they became huge. Recently, they have been falling. The authors address the question of whether there is a best level of reserves.
DOI: 10.29338/wp2020-02
Language: English
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W4285750677