Monetary Policy under Zero Reserve Requirement in Canada
Current development shows that financial system tends to move to the direction where controls over banking system would be very minimum. Banks are no longer required to hold afraction of their assets as required reserve with the central bank, and deposits are not subject to interest rate regulation...
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Format: | Article |
Language: | English |
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Universitas Islam Indonesia
2016-03-01
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Series: | Economic Journal of Emerging Markets |
Subjects: | |
Online Access: | https://jurnal.uii.ac.id/JEP/article/view/4269 |