Kobayakawa, Shuji; Nakamura, Hisashi - In: Monetary and Economic Studies 18 (2000) 1, pp. 105-118
The purpose of this paper is to examine narrow banking proposals. First, we survey the narrow banking proposals presented in the United States and Japan, and categorize them by means of two standards: (1) whether safe assets that a narrow bank is allowed to hold are limited to short-term assets,...
