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The New Bagehot Project

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About
Key Terms
Interest/Remuneration on Reserves
Legal Authority
Notable Features
Outcomes
Range of RR Ratio (RRR) Peak-to-Trough
RRR Decrease Period
RRR Increase Period
Key Design Decisions
Administration
Assets Qualifying as Reserves
Changes in Interest/Remuneration
Changes in Reserve Requirements
Communication
Computation
Duration
Eligible Institutions
Governance
Impact on Monetary Policy Transmission
Legal Authority
Other Restrictions
Part of a Package
Purpose
Reservable Liabilities
Timing

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