How Did the Fed Funds Market Change When Excess Reserves Were Abundant?

Prior to the 2007-2008 financial crisis, excess reserves in the U.S. banking system were scarce. After the financial crisis and up until early 2018, excess reserves were abundant. In this article, the authors document, analyze, and explain the differences in the performance of the federal funds market under the two different excess reserves frameworks

MoreLess

Year of publication:	2020
Authors:	McGowan, John
Other Persons:	Nosal, Ed (contributor)
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Geldmarkt \| Money market \| Zins \| Interest rate \| Mindestreserve \| Reserve requirements \| Bankenliquidität \| Bank liquidity

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (16 p)
Series:	Economic Policy Review ; Vol. 26, No. 1
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 2020 erstellt
Other identifiers:	10.2139/ssrn.3634992 [DOI]
Classification:	E4 - Money and Interest Rates ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit ; G2 - Financial Institutions and Services
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012830136