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A revised measure of the St. Louis adjusted monetary base.

Authors :
Anderson, Richard G.
Rasche, Robert H.
Source :
Review (00149187); Mar/Apr96, Vol. 78 Issue 2, p3, 9p, 3 Graphs
Publication Year :
1996

Abstract

Presents a revised measure of the adjusted reserves component of the adjusted monetary base of the Federal Reserve Bank of Saint Louis, Missouri. Depository institutions' required clearing balance contracts with the Federal Reserve; Calculation of the new reserve adjustment magnitude (RAM) adjustment; Classes of depository institutions. INSET: A close-up of the current and new RAM..

Subjects

Subjects :
BANK reserves

Details

Language :
English
ISSN :
00149187
Volume :
78
Issue :
2
Database :
Complementary Index
Journal :
Review (00149187)
Publication Type :
Academic Journal
Accession number :
9607011321
Full Text :
https://doi.org/10.20955/r.78.3-14