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VoxEU

@voxeu

VoxEU is a policy portal run by @cepr_org. It posts research based policy analysis from leading economists.
Visit our development economics branch @vox_dev

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linkhttp://www.voxeu.org calendar_today07-07-2008 14:16:15

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6 months ago

An operating procedure based on tiered bank reserves would reduce the unwarranted large subsidies to banks & at the same time make monetary policies more effective in combatting #inflation. Paul De Grauwe LSE European Institute LSE, Yuemei Ji UCL School of Slavonic & East European Studies UCL ow.ly/YnGE50Sohu3

An operating procedure based on tiered bank reserves would reduce the unwarranted large subsidies to banks &amp; at the same time make monetary policies more effective in combatting #inflation. <a href="/pdegrauwe/">Paul De Grauwe</a> <a href="/LSEEI/">LSE European Institute</a> <a href="/LSEnews/">LSE</a>, Yuemei Ji <a href="/UCLSSEES/">UCL School of Slavonic & East European Studies</a> <a href="/ucl/">UCL</a> ow.ly/YnGE50Sohu3