| 000 | 00000nam 2200000zi 4500 |
| 001 | 9.954462 |
|---|
| 003 | CaOODSP |
|---|
| 005 | 20250826095434 |
|---|
| 006 | m o d f |
|---|
| 007 | cr mn||||||||| |
|---|
| 008 | 250826e20250527oncd ob f|0| 0 eng d |
|---|
| 040 | |aCaOODSP|beng|erda|cCaOODSP |
|---|
| 041 | |aeng|beng|bfre |
|---|
| 043 | |an-cn--- |
|---|
| 086 | 1 |aFB3-5/2025-15E-PDF |
|---|
| 100 | 1 |aWitmer, Jonathan,|d1975- |eauthor. |
|---|
| 245 | 14|aThe optimum quantity of central bank reserves / |cJonathan Witmer. |
|---|
| 264 | 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2025. |
|---|
| 264 | 4|c©2025 |
|---|
| 300 | |a1 online resource (iii, 26 pages) : |bgraphs. |
|---|
| 336 | |atext|btxt|2rdacontent |
|---|
| 337 | |acomputer|bc|2rdamedia |
|---|
| 338 | |aonline resource|bcr|2rdacarrier |
|---|
| 490 | 1 |aStaff working paper = Document de travail du personnel, |y1701-9397 ; |v2025-15 |
|---|
| 500 | |a"Last updated: May 27, 2025." |
|---|
| 504 | |aIncludes bibliographical references (pages 17-19). |
|---|
| 520 | 3 |a"This paper analyzes the optimal quantity of central bank reserves in an economy where reserves and other financial assets provide liquidity benefits. Using a static model, I derive a constrained Friedman rule that characterizes the socially optimal level of reserves, demonstrating that this quantity is neither necessarily large nor small but depends on the marginal benefits of reserves relative to alternative safe assets"--Abstract, page ii. |
|---|
| 546 | |aIncludes abstract in French. |
|---|
| 650 | 0|aMonetary policy|xEconomic aspects|zCanada. |
|---|
| 650 | 0|aFinancial institutions|zCanada. |
|---|
| 650 | 0|aFiscal policy. |
|---|
| 650 | 6|aPolitique monétaire|xAspect économique|zCanada. |
|---|
| 650 | 6|aInstitutions financières|zCanada. |
|---|
| 650 | 6|aPolitique fiscale. |
|---|
| 710 | 2 |aBank of Canada, |eauthor. |
|---|
| 830 | #0|aStaff working paper (Bank of Canada)|v2025-15.|w(CaOODSP)9.806221 |
|---|
| 856 | 40|qPDF|s1.20 MB|uhttps://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2025-15-eng.pdf |
|---|