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The Impact of the Payment of Interest on Demand Deposits : A Study of the Staff of the Board of Governors of the Federal Reserve System

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Board of Governors of the Federal Reserve System (U.S.), 1935-. The Impact of the Payment of Interest on Demand Deposits : A Study of the Staff of the Board of Governors of the Federal Reserve System , January 31, 1977, https://fraser.stlouisfed.org/title/265, accessed on May 27, 2017.

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Stephen H. Axilrod, Staff Director for Monetary Policy, was responsible for preparation of this study in collaboration with the Board's Division of Research and Statistics.

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Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102