An Examination of Country Member Bank Cash Balances of the 1930s: A Test of Alternative Explanations

2000 ◽  
Vol 66 (4) ◽  
pp. 923 ◽  
Author(s):  
Wm. Stewart Mounts ◽  
Clifford B. Sowell ◽  
Atul K. Saxena
Keyword(s):  
1967 ◽  
Vol 22 (1) ◽  
pp. 88-92 ◽  
Author(s):  
MURRAY E. POLAKOFF ◽  
WILLIAM L. SILBER
Keyword(s):  

Author(s):  
Arturo Haro-de-Rosario ◽  
Laura Saraite ◽  
Alejandro Sáez-Martin ◽  
María del Carmen Caba-Pérez

This chapter has two main aims. First, to investigate the Facebook practices used in the U.S. banking sector with the aim of enhancing customer engagement; second, to perform a comparative analysis of the use of Facebook in this respect, among different U.S. banks. In this comparative analysis, we apply the Federal Reserve charter classification (Nationally chartered member bank, State-chartered member bank and State-chartered nonmember bank). The findings of this study contribute significantly to our understanding of the influence of social media in enhancing customer engagement. Banks, and their community managers in particular, can make use of the conclusions drawn in this study to develop future strategies to foster citizen engagement via Facebook.


1966 ◽  
Vol 26 (2) ◽  
pp. 223-238 ◽  
Author(s):  
Elmus R. Wicker

Criticism of the Federal Reserve Board for not advancing rates earlier in 1919 to halt a rampant inflation is seldom as severe or nearly as devastating as the criticism heaped upon it for not easing credit sooner during the sharp but brief depression episode of 1920–1921. After the collapse of prices in May 1920, the immediate goal of Federal Reserve policy was to prevent a widespread financial crisis by maintaining the liquidity of the banking system. Congress had created the Federal Reserve System for the specific purpose of preventing a recurrence of the financial panics that had plagued our pre-World War I monetary experience. In 1920 the Federal Reserve Banks succeeded in this task by making funds freely available at relatively high discount rates. Somewhat surprising is the fact that there was no liquidation of bank credit nor decline in the money supply during the first six months of the downswing. Loans at commercial banks continued to increase, and member-bank indebtedness continued to rise. The action taken by System officials probably warded off what might easily have been the worst financial catastrophe in our history. Unfortunately, the policy they pursued, though successful in preventing a banking crisis, was inimical to a quick recovery of business activity. Inventory decumulation, particularly in the agricultural sector, was hampered by a bumper harvest and a railway transportation bottleneck which was not eliminated until October.


1961 ◽  
Vol 16 (1) ◽  
pp. 94-97 ◽  
Author(s):  
Murray E. Polakoff
Keyword(s):  

1970 ◽  
Vol 25 (3) ◽  
pp. 696-696
Author(s):  
Peter Formuzis
Keyword(s):  

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