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- W2085499965 abstract "Abstract In an article published in this Journal, Spindt and Tarhan (1984) estimate a weekly model of the reserve adjustment behavior of several large money center banks during 1969–1979. Their study is unique because of its use of micro data, and because most previous studies of bank reserve management do not submit their models to an empirical test. However, Spindt and Tarhan's empirical results provide contradictory evidence on the fit of their model. This paper explains that the empirical results may be due to a constraint that Spindt and Tarhan impose on some of the estimated coefficients of the model rather than the nature of the model itself." @default.
- W2085499965 created "2016-06-24" @default.
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- W2085499965 date "1989-03-01" @default.
- W2085499965 modified "2023-09-27" @default.
- W2085499965 title "Bank reserve adjustment process and the use of reserve carryover as a reserve management tool" @default.
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- W2085499965 doi "https://doi.org/10.1016/0378-4266(89)90017-4" @default.
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