Ashcraft, Adam B.; McAndrews, James Joseph; Skeie, David - 2009
�ve days, they rarely borrow
(about 5 percent of business days). On the other hand, the largest decile of banks lends
on …-sectional distribution
of balances changes during the last 90 minutes of the business day. The �gure focuses on
the 100 accounts over … percentage of the day) to promote the timely
sending of payments. As the end of the business day (18:30) nears, reserves are …