Required reserves, correspondent balances and cash asset positions of member and nonmember banks : evidence from the Fifth Federal Reserve District

Increasing membership attrition has stimulated research into the costs and benefits of Federal Reserve System membership compared to the nonmembership alternative. Recent research has contributed to our understanding of the membership question in two important ways.

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Year of publication:	1978
Authors:	Summers, Bruce J.
Institutions:	Federal Reserve Bank of Richmond
Subject:	Bank reserves \| Banks and banking - Costs

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Extent:	text/html application/pdf
Series:	Working Paper.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 78-03
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004994061