ECB Conference on Money Markets: Session 3 – Demand for central bank reserves: Scarce [...]?
Channel: European Central Bank
Date: 2021-11-09

Session 3 – Demand for central bank reserves

Chair: Tobias Linzert, Head of Section, Policy Assessment, European Central Bank

Scarce, abundant or ample? A time-varying model of the reserve demand curve

Gara Afonso, Gabriele La Spada* and John C. Williams, all from Federal Reserve Bank of New York; Domenico Giannone, Amazon

Discussant: Huberto Ennis, Federal Reserve Bank of Richmond