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An analysis on adequacy of effective reserve requirement ratio in Korea

Son, Jong Chil et al.
EconStor · Reports
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ddcmonetary-policy
This study examines the adequacy of Korea's effective reserve requirement ratio (defined as the ratio of banks' Korean-won deposits held at the liability accounts of the Bank of Korea to their Korean-won deposits) and its potential use as a macroprudential policy tool, employing cointegration regres
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