University of Minnesota / Christopher Phelan University of Minnesota / /
IndustryTerm
machinery / shows bank loans / bank financial assets / bank credit / bank customers / regulatory systems / financial systems / bank-like entities / bank / bank managers / bank assets / bank loans / Fragile banking systems / /
Organization
Federal Reserve Bank of Minneapolis / National Science Foundation / University of Minnesota / /
Person
Kei-Mu Yi / Dick Todd / V. V. Chari / Narayana Kocherlakota / Christopher Phelan / Doug Clement / /
Economic Policy Paper 12-3 Federal Reserve Bank of Minneapolis What Assets Should Banks Be Allowed to Hold? Institutions that finance long-term assets with demand deposits serve a useful role but should be limited to sma