Journal Article

The case for staggered-reserve accounting


Abstract: An argument for an institutional reform to lengthen the reserve- accounting period from one week to four weeks and to stagger the reserve-accounting periods among four groups of banks. Such staggered- reserve accounting would allow the Federal Reserve to set operating targets for total reserves.

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Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Review

Publication Date: 1982

Issue: Spr

Pages: 30-36