Interest on excess reserves: Difference between revisions
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imported>Modonovan (Created page with "The issue where central banks pay excess returns on deposits from commercial banks, leading to a disincentive to lend into the real economy.") |
imported>Doug Williamson m (Added acronym to definition - 9/5/13) |
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The issue where central banks pay excess returns on deposits from commercial banks, leading to a disincentive to lend into the real economy. | (IOER). The issue where central banks pay excess returns on deposits from commercial banks, leading to a disincentive to lend into the real economy. | ||
Revision as of 09:50, 9 June 2013
(IOER). The issue where central banks pay excess returns on deposits from commercial banks, leading to a disincentive to lend into the real economy.
