The Payment System Benefits of High Reserve Balances - FEDERAL RESERVE BANK of NEW YORK

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The Payment System Benefits of High Reserve Balances

James McAndrews and Alexander Kroeger
Staff Reports, Number 779, June 2016

Author Disclosure Statement

James McAndrews

The author declares that he has no relevant or material financial interests that relate to the research presented in the paper.

Alexander Kroeger

I, Alexander Kroeger, one of the authors named above, declare that I have no relevant or material financial interests that relate to the research described in this paper.

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