The Euro-Dollar Market

Friedman, M. The Euro-Dollar Market: Some First Principles. Review.

Type

Journal article

Intellectual base

Primary research

DOI

10.20955/r.53.16-24.xqk

DOI registrant

Federal Reserve Bank of St. Louis

Link

https://doi.org/10.20955/r.53.16-24.xqk

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Domain-specific

• Money Multiplier
  • . The Eurodollar / offshore dollar system — layered dollar-deposit creation outside domestic reserve requirements is analyzed with the same base-to-broad multiplier structure

    This sourceReview, 1971. Works the Eurodollar case with the fractional-reserve multiplier apparatus itself — a prudential rather than legal reserve, the chained redeposit series 1,000,000+900,000+810,000+… = 10,000,000, and a 'Euro-dollar multiplier' of 10.

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Verification

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Registry ID ref:42fb752573c3 · see in the full table