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Rethinking the Roles of Banks: A Call for Narrow Banking
The Economists' Voice, 2008What services do bank depositors seek? Oz Shy and Rune Stenbacka argue that they often seek money storage and payment services, but they get much more than they bargain for.
Oz Shy, Rune Stenbacka
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A Bundling Argument for Narrow Banking
2016This study demonstrates a substantial inefficiency in the banking industry resulting from allowing banks to maintain less than a one-hundred percent reserve requirement, thereby exposing depositors to unwanted risks such as investment risks as well as bank runs and bank crises (e.g., the crisis of Scandinavian banks during the early 1990s, and the S ...
Oz Shy, Rune Stenbacka
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Perfect Decomposition Narrow-Band FIR Filter Banks
IEEE Transactions on Circuits and Systems II: Express Briefs, 2012This brief introduces perfect decomposition filter banks based on narrow-band linear-phase finite impulse response (FIR) filters. They consist of inner and lateral FIR filters. The inner filters are optimal equiripple narrow-bandpass FIR filters based on isoextremal polynomials.
Pavel Zahradnik, Miroslav Vlcek
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A Theoretical Analysis of Narrow Banking Proposals [PDF]
The purpose of this paper is to examine narrow banking proposals. First, we survey the narrow banking proposals presented in the United States and Japan, and categorize them by means of two standards: (1) whether safe assets that a narrow bank is allowed to hold are limited to short-term assets, and (2) whether a narrow bank is allowed to engage in ...
Kobayakawa, Shuji, Nakamura, Hisashi
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Illiquid Banking vs. Narrow Banking
2003The current narrow banking proposal begins by observing that the magnitude of safe short term assets held outside the banking system exceeds the magnitude of banks' demand deposit liabilities and then argues problems associated with illiquid banking can be avoided by requiring demand deposits be backed by safe short term assets (see e.g. Wallace [1996])
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The Netherlands Bank's narrow monetary policy
De Economist, 1982In his article Mr. Timmerman describes the way the Netherlands Bank conducts its so-called narrow monetary policy,i.e. the policy pursued in the money and foreign exchange markets. The developments during the period October 1979–July 1981 serve as example of how movements in Dutch money market rates are dominated by exogenous factors.
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Narrow band analysis of a filter bank for the directional decomposition of images
International Conference on Acoustics, Speech, and Signal Processing, 2002The case where there are a large number of directional components is investigated. In particular, the limiting case where the directional components are reduced to 1-D signals is studied. These 1-D signals are related to projections taken through the image at various angular orientations.
Roberto H. Bamberger, Mark J. T. Smith
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A Multiplierless Filter Bank with Deep Stopband Suppression and Narrow Transition Width
2005 IEEE International Symposium on Circuits and Systems, 2005In this paper, we propose a filter bank design based on the fast filter bank (FFB) with a nested cascade subfilter infrastructure to achieve a multiplierless filter bank with deep stopband suppression and narrow transition width. Such a design is suitable for high-speed, low-power integrated circuit implementation of a filter bank with demanding ...
Lee, Jun Wei, Lim, Y.C.
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