Reconstruction of the Federal Reserve Bank of St. Louis Adjusted Monetary Base and Reserves
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The work Reconstruction of the Federal Reserve Bank of St. Louis Adjusted Monetary Base and Reserves represents a distinct intellectual or artistic creation found in Bates College. This resource is a combination of several types including: Work, Language Material, Books.
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Reconstruction of the Federal Reserve Bank of St. Louis Adjusted Monetary Base and Reserves
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The work Reconstruction of the Federal Reserve Bank of St. Louis Adjusted Monetary Base and Reserves represents a distinct intellectual or artistic creation found in Bates College. This resource is a combination of several types including: Work, Language Material, Books.
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- Reconstruction of the Federal Reserve Bank of St. Louis Adjusted Monetary Base and Reserves
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- This article summarizes a reconstruction of the adjusted monetary base and adjusted bank reserves of the Federal Reserve Bank of St. Louis. The revised figures, based on as much original source data as feasible, include changes to both the monetary (source) base and reserve requirement magnitude (RAM). The revised figures include the new measure or RAM developed by Anderson and Rasche (2001) that interprets the operation of retail-deposit sweep programs by United States banks, beginning in 1994, as economically equivalent to a reduction in statutory reserve requirements. The authors also present new seasonal adjustment factors that incorporate adjustments for the Y2K-related surge in the monetary base and reserves
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bates.edu/resource/PSxSjoWpQHw/" typeof="CreativeWork http://bibfra.me/vocab/lite/Work"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bates.edu/resource/PSxSjoWpQHw/">Reconstruction of the Federal Reserve Bank of St. Louis Adjusted Monetary Base and Reserves</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bates.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bates.edu/">Bates College</a></span></span></span></span></div>