Open Market Operations, Interest Rates, and Deposit Growth
The Quarterly Journal of Economics · 1965 · Volume 79 · Issue 3
Abstract
Introduction, 431. — I. The basic free reserves model, 433. — II. An expanded free reserves model, 436. — III. Estimating deposit growth, 442. — IV. Some alternative hypotheses, 449. — Concluding comment, 453.
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