منابع مشابه
Float on a Note ∗
From 1863-1914, banks in the U.S. could issue notes subject to full collateral, a per-period tax on outstanding notes, redemption of notes on demand, and a clearing fee per issued note cleared through the Treasury. The system failed to satisfy a purported arbitrage condition; i.e., the yield on collateral exceeded the tax rate plus the product of the clearing fee and the average clearing rate o...
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ژورنال
عنوان ژورنال: Zisin (Journal of the Seismological Society of Japan. 2nd ser.)
سال: 1984
ISSN: 0037-1114,1883-9029,2186-599X
DOI: 10.4294/zisin1948.37.3_513