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fundamental reserve demands of Fed member banks, we find that despite being doubled, reserve requirements were not binding on bank … fundamental reserve demands of Fed member banks, we find that despite being doubled, reserve requirements were not binding on bank …
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"This paper examines the association between inflation, monetary policy and U.S. stock market conditions during the second half of the 20th century. We estimate a latent variable VAR to examine how macroeconomic and policy shocks affect the condition of the stock market. Further, we examine the...
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