A Reader's Reaction to:
Show Me The Money by Aaron S. Edlin and Dwight M. Jaffee.

Summary

Stephen M. Miller uses money multiplier models to calculate the impact Edlin and Jaffee's proposal to sharply reduce excess banking reserves would have on the total supply of credit.

Recommended Citation

Miller, Stephen M. (2009) "Comment on Edlin and Jaffee: Back to Basics," The Economists' Voice: Vol. 6 : Iss. 9, Article 3.
DOI: 10.2202/1553-3832.1586
Available at: http://www.bepress.com/ev/vol6/iss9/art3

Related Files

Appendix_Show_Me_the_Money_Sept_09.doc (191 kB)
Appendix