This digital document is an article from NBER Reporter, published by National Bureau of Economic Research, Inc. on December 22, 1992. The length of the article is 3016 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Monetary policy affects aggregate demand because the Federal Reserve exists to adjust currency supply relative to the demand. The Federal Reserve achieves this by using open market sales to absorb excess liquidity or through the imposition of higher interest rates to reduce demand. Monetary supply can also be depressed by reducing credit transmissions. Studies have shown that tightening of monetary supply led to a drop in bank deposits and consequently, to a decline in the securities being held by banks.
Citation Details
Title: Monetary policy and bank lending.
Author: Ben S. Bernanke
Publication:NBER Reporter (Magazine/Journal)
Date: December 22, 1992
Publisher: National Bureau of Economic Research, Inc.
Page: p4(4)
Distributed by Thomson Gale
Monetary policy and bank lending.: An article from: NBER Reporter
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Book Details
Author(s)Ben S. Bernanke
ISBN / ASINB00092NPO2
ISBN-13978B00092NPO3
AvailabilityAvailable for download now
Sales Rank13,545,893
MarketplaceUnited States 🇺🇸