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Comment on Edlin and Jaffee: Back to Basics

Stephen Miller ()

The Economists' Voice, 2009, vol. 6, issue 9, 1-3

Abstract: Stephen M. Miller uses money multiplier models to calculate the impact Edlin and Jaffee's proposal to sharply reduce excess banking reserves would have on the total supply of credit.

Date: 2009
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The Economists' Voice is currently edited by Michael Cragg, Dwight Jaffee and Joseph Stiglitz

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