Citation:
Kashyap, Anil K, and Jeremy C Stein. 1997. “The Role of Banks in Monetary Policy: A Survey with Implications for the European Monetary Union.” Federal Reserve Bank of Chicago Economics Perspectives 21: 2-19.
Recent Publications
- The Evolution of Banking in the 21st Century: Evidence and Regulatory Implications
- A Quantity-Driven Theory of Term Premia and Exchange Rates
- Monetary Policy When the Central Bank Shapes Financial-Market Sentiment
- U.S. Treasury Markets: Steps Toward Increased Resilience
- Can Policy Tame the Credit Cycle?
- Banking, Trade, and the Making of a Dominant Currency
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