Simulations of marginal reserve requirements on large denomination certificates of deposit in the FRB model

Philip H. Davidson

No 73-01, Working Paper from Federal Reserve Bank of Richmond

Abstract: As a substitute for Regulation Q ceilings, Regulation D may be used to control the volume of bank credit stemming from issuance of large denomination, negotiable certificates of deposit.

Keywords: Bank reserves; Certificates of deposit (search for similar items in EconPapers)
Date: 1973
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