Economic Rationale of Compensating Balance Requirements and Its Impact on Money Supply (Written in Korean)

This paper purports to analyze the economic rationale of compensating balance requirements and its impact on money supply. This practice has recently been severely criticized for artificially increasing the money supply and, therefore, limiting the nation's aggregate lending policy under the ti...

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Bibliographic Details
Main Author: 좌, 승희
Format: Article
Language:English
Published: Korea Development Institute 1992-04-01
Series:KDI Journal of Economic Policy
Online Access:https://doi.org/10.23895/kdijep.1992.14.1.89