Curbing the Money Multiplier
Capital Requirements Versus Narrow Banking
Bibliographic Data
| ID | 11697488 |
|---|---|
| Authors | Aldo Barba (0000-0002-7333-0364, Università di Napoli Federico II, corresponding author) |
| Year | 2018 |
| Volume | 37 |
| Issue | 1 |
| Pages | 16-24 |
| Publication date | 2018-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Contributions to Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0277-5921 • E-ISSN: 1464-3588 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1093/cpe/bzy008 |
| OpenAlex | W2800089670 |
| Language | EN |
| References cited | 5 |
This article discusses financial regulation proposals based on capital and liquidity requirements and those that instead suggest a 100% reserve on bank deposits. The topic is developed by comparing the position of Alan Greenspan, a resolute supporter of capital requirements as the main regulator of the financial sector, with that of Mervyn King, who has recently proposed a sort of ‘moderate narrowness’ in banking as a solution
Capital (architecture · Capital adequacy ratio · Capital requirement · Central bank · Economics · Financial system · Macroeconomics · Market liquidity · Monetary economics · Monetary policy · Multiplier (economics · Neoclassical economics · Position (finance · Reserve requirement · Supporter · Banking stability, regulation, efficiency · Economic Theory and Policy · Housing, Finance, and Neoliberalism · Finance
| Highly cited | No |
|---|