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Bank Rediscounting at the Central Bank: A Survey of Alternative Theories and Some Evidence |
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| Authors: | J. THORNTON |
| Affiliation: | Economist, Bureau of Statistics, International Monetary Fund. This paper is based on research undertaken prior to my association with the Inter-national Monetary Fund and the views expressed herein are my own. expand the money supply is one that excludes rediscounting (e.g., Roosa, 1959). |
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