Some statistical aspects of precautionary reserves in banking

Some statistical aspects of precautionary reserves in banking We examine the volatility of overall withdrawal demands in banking using a model allowing for correlation between individual withdrawal demands. We derive various volatility and elasticity results which show the effects of correlated withdrawals in setting precautionary reserves. We discuss the implications of this analysis for fractional reserve banking. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

Some statistical aspects of precautionary reserves in banking

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Publisher
Springer Journals
Copyright
Copyright © 2014 by Springer Science+Business Media New York
Subject
Economics / Management Science; Public Finance & Economics; Political Science, general; Methodology and the History of Economic Thought
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1007/s11138-014-0264-x
Publisher site
See Article on Publisher Site

Abstract

We examine the volatility of overall withdrawal demands in banking using a model allowing for correlation between individual withdrawal demands. We derive various volatility and elasticity results which show the effects of correlated withdrawals in setting precautionary reserves. We discuss the implications of this analysis for fractional reserve banking.

Journal

The Review of Austrian EconomicsSpringer Journals

Published: Feb 16, 2014

References

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