Macroeconomic Activity and Monetary Policy Actions: Some Preliminary Evidence.
Haslag, Joseph H; Hein, Scott E;
Journal: Journal of Money, Credit and Banking, volume 24, issue 4 November, pages 431-46
Monetary policy is conducted through open market operations, loans at the discount window, and changes in the reserve requirement structure. The purpose of this paper is to formally investigate the notion that the effect of changes in reserve requirement ratios is diffe... View more