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Research at OU

Humanities & Social Sciences

Luxury and Wealth_IKEDA Shinsuke(Institute of Social and Economic Research)

 



 

Why Commercial Banks Held Excess Reserves:
The Japanese Experience of the Late 1990s

OGAWA Kazuo (Institute of Social and Economic Research)

Introduction


Figure 1


Figure 2

A Theoretical Model of Bank Demand for Reserves



Figure 3
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Estimation of Bank Demand Equations for Reserves
Conclusions

Research

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