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Assessing Monetary Policy and Deposit Deregulation
Journal of Economics and Business, 1998Abstract A measure of disintermediation, accounting for partial deposit deregulation in the late 1970s, outperforms a conventional Reg Q variable in reduced-form GDP models. This improved Reg Q measure eliminates omitted variable bias that gives the impression that monetary policy was not enhanced by flexible exchange rates.
John V Duca
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Deposit market deregulation, implicit deposit rates, and monetary policy
Atlantic Economic Journal, 1988Previous analyses of the economic effects of deposit market deregulation generally have treated the gradual elimination of deposit rate ceilings and the effective removal of barriers to bank competition for deposits as separate issues. The key implication of the analysis utilized in this paper is that there are important interactions between these two ...
Vanhoose David D
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Deposit insurance and effectiveness of monetary policy
Applied Economics Letters, 2015This article discusses the impact of deposit insurance on the effectiveness of monetary policy. We apply the technique suggested by Zeileis et al. (2010) and use the data of Taiwan to investigate whether there are structural changes in the effectiveness of monetary policy.
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Deposit Ceilings and Monetary Policy
The Review of Economics and Statistics, 1973SINCE 1966, the Federal Reserve Board has experimented with the use of Regulation Q, the regulation which specifies the maximum interest rates banks are permitted to pay on time and savings deposits, as an active tool of monetary policy. Since September 1966, the Federal Home Loan Bank Board has been empowered to impose ceilings, on savings and loan ...
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