Bank reserve requirements and monetary aggregates

1982 ◽  
Vol 6 (4) ◽  
pp. 507-520 ◽  
Author(s):  
George Kanatas ◽  
Stuart I. Greenbaum
Keyword(s):  
Reserve Requirements ◽  
Monetary Aggregates ◽  
Bank Reserve

BANK RESERVE REQUIREMENTS IN AUSTRALIA*

1951 ◽  
Vol 6 (3) ◽  
pp. 291-299
Author(s):  
Robert B. Rivel
Keyword(s):  
Reserve Requirements ◽  
Bank Reserve

BANK RESERVE REQUIREMENTS AS AN IMPEDIMENT TO SIGNALING

1989 ◽  
Vol 27 (1) ◽  
pp. 75-91 ◽  
Author(s):  
STUART I. GREENBAUM ◽  
ANJAN V. THAKOR
Keyword(s):  
Reserve Requirements ◽  
Bank Reserve

Bank Reserve Requirements in Australia

1951 ◽  
Vol 6 (3) ◽  
pp. 291
Author(s):  
Robert B. Rivel
Keyword(s):  
Reserve Requirements ◽  
Bank Reserve

The Effect of Changes in Reserve Requirements During the 1930s: The Evidence from Nonmember Banks

2006 ◽  
Vol 66 (2) ◽  
pp. 417-432 ◽  
Author(s):  
THOMAS F. CARGILL ◽  
THOMAS MAYER
Keyword(s):  
Structural Instability ◽  
Bank Credit ◽  
Econometric Modeling ◽  
Reserve Requirements ◽  
Data Limitations ◽  
Simple Alternative ◽  
Widespread Acceptance ◽  
Member Bank ◽  
Bank Reserve

Despite the widespread acceptance of Friedman and Schwartz's interpretation of the 1936/37 increase in member bank reserve requirements as the major cause of the 1937/38 recession there is surprisingly little straightforward evidence on this issue, perhaps because data limitations and structural instability preclude econometric modeling. We exploit a simple alternative, comparing member banks with nonmember banks not subject to changes in reserve requirements. The results support the hypothesis that the increase in reserve requirements reduced the availability of bank credit and contributed to the recession.

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