Working Paper

Simulations of marginal reserve requirements on large denomination certificates of deposit in the FRB model


Abstract: As a substitute for Regulation Q ceilings, Regulation D may be used to control the volume of bank credit stemming from issuance of large denomination, negotiable certificates of deposit.

Keywords: Bank reserves; Certificates of deposit;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Working Paper

Publication Date: 1973

Number: 73-01