Report on Currency and Finance 1952-53
Author | : Reserve Bank of India |
Publisher | : |
Total Pages | : |
Release | : 1953 |
Genre | : |
ISBN | : |
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Author | : Reserve Bank of India |
Publisher | : |
Total Pages | : |
Release | : 1953 |
Genre | : |
ISBN | : |
Author | : Reserve Bank of India |
Publisher | : |
Total Pages | : |
Release | : 1954 |
Genre | : |
ISBN | : |
Author | : Reserve Bank of India |
Publisher | : |
Total Pages | : 262 |
Release | : 1951 |
Genre | : |
ISBN | : |
Author | : Reserve Bank of India |
Publisher | : |
Total Pages | : 300 |
Release | : 1953 |
Genre | : Currency question |
ISBN | : |
Author | : Federal Deposit Insurance Corporation |
Publisher | : |
Total Pages | : 422 |
Release | : 1951 |
Genre | : Banks and banking |
ISBN | : |
Beginning with 1981, merger decisions of the Corporation are published separately as vol. 2 of the Annual report.
Author | : International Monetary Fund. Statistics Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 247 |
Release | : 1956-09-01 |
Genre | : Business & Economics |
ISBN | : 1513532456 |
International Financial Statistics, September 1956
Author | : Mr.Jaromir Benes |
Publisher | : International Monetary Fund |
Total Pages | : 71 |
Release | : 2012-08-01 |
Genre | : Business & Economics |
ISBN | : 1475505523 |
At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.
Author | : United States. Office of Education |
Publisher | : |
Total Pages | : |
Release | : 1950 |
Genre | : Education |
ISBN | : |
Author | : United States. Congress |
Publisher | : |
Total Pages | : 1044 |
Release | : 1953 |
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Author | : |
Publisher | : |
Total Pages | : 672 |
Release | : 1969 |
Genre | : Agriculture |
ISBN | : |