Reserve Requirementson Bank Deposits a+L558s Implicit Taxes : A Case Study of Italy

A Case Study of Italy

Reserve Requirementson Bank Deposits a+L558s Implicit Taxes : A Case Study of Italy
This paper analyzes the quasi-fiscal effects of Italy's relatively high bank reserve requirements, against the background of growing pressure to align them with those of other EC countries. The paper develops an integrated accounting framework for the measurement of implicit and explicit taxes on the banking system and applies that framework to... READ MORE...

Publication date: February 1992
ISBN 9781451843583
$15.00

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