Interest on excess reserves: Difference between revisions
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imported>Doug Williamson m (Spacing 22/8/13) |
imported>Doug Williamson (Categorise page.) |
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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]]. | The issue where central banks pay excess returns on deposits from commercial banks, leading to a disincentive to lend into the [[real economy]]. | ||
[[Category:Bank_Lending]] | |||
[[Category:Regulation_and_Law]] | |||
Revision as of 13:46, 9 November 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.
