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International Journal of Financial Studies, Volume 1, Issue 2

June 2013 - 1 articles

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2 Citations

14,066 Views

13 Pages

Decomposing US Money Supply Changes since the Financial Crisis

Richard Robinson and
Marwan El Nasser

Int. J. Financial Stud.2013, 1(2), 32-44;https://doi.org/10.3390/ijfs1020032

21 June 2013

In response to the financial crisis of 2008, the Federal Reserve radically increased the monetary base. Banks responded by increasing excess reserves rather than increasing bank loans, and the public responded with a substantial flight to liquidity i...

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Int. J. Financial Stud. - ISSN 2227-7072

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