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Money / Inflation / Central banks / Economic policy / Quantitative easing / Excess reserves / Money supply / Federal Reserve System / Interest / Economics / Macroeconomics / Monetary policy


Monetary Policy with Interest on Reserves John H. Cochrane∗† May 26, 2014 1
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Document Date: 2014-05-27 11:13:31


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Fiat / Hoover / /

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United States / /

Currency

pence / USD / /

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University of Chicago Booth School / Cato Institute / /

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instant communications / Narrow banking / shadow-banking money-provision / fractional-reserve shadow-banking / bank lending / bank reserves / bank / narrow-banking deposits / bank deposits / gas pedal / banking / reserve banking / printing money / macroprudential policy tool / /

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Federal Government / Hoover Institution / University of Chicago Booth School of Business / US government / US Federal Reserve / Cato Institute / /

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John Taylor / Bernanke / Milton Friedman / /

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Iterating forward / Chairman / representative / /

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