The Optimal Conduct of Monetary Policy with Interest on Reserves

By Anil K. Kashyap, Jeremy C. Stein. 2012

137 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/010975c1acef55d9a632e0424b799c6e387cc7cd

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In Economics and Econometrics

1. C. Glocker
2. Pascal Towbin

Citations in the corpus

• Reserve Requirements for Price and Financial Stability - When are They Effective? (2012, background): “Kashyap and Stein (2011) analyze how reserve requirements can be used as an additional financial stability tool and act as a Pigouvian tax in a partial equilibrium model, but do not consider the real economy and the consequences of price stickiness explicitly.”