My da|ra Login

Detailed view

metadata language: English

How Closely Do Banks Manage Vault Cash?

Version
v1
Resource Type
Dataset : survey data
Creator
  • Allen, Donald S. (Federal Reserve Bank of St. Louis)
Other Title
  • Version 1 (Subtitle)
Publication Date
1999-04-30
Language
English
Free Keywords
banks; financial management
Description
  • Abstract

    These data on daily vault cash balances in the Eighth Federal Reserve District were examined to see if banks have been optimizing their vault cash levels. Recent reductions in reserve requirements have not been accompanied by significant reductions in vault cash. This situation suggests that banks may be managing vault cash reserves primarily as precautionary balances to satisfy daily fluctuations in deposits and withdrawals, rather than as part of total reserve management. In 1997, some larger banks instituted formal management of vault currency. If this practice spreads, it will have implications for monetary policy and cash operations.
  • Table of Contents

    Datasets:

    • DS1: Dataset
Geographic Coverage
  • United States
Collection Mode
  • (1) The file submitted is 9807DA.EXE, which unzips into the data file 9897DA.DAT. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.

Availability
Download
This study is freely available to the general public via web download.
Alternative Identifiers
  • 1194 (Type: ICPSR Study Number)
Publications
  • Allen, Donald S.. How closely do banks manage vault cash?. Federal Reserve Bank of St. Louis Review.80, (4), 43-54.1998.

Update Metadata: 2015-08-05 | Issue Number: 6 | Registration Date: 2015-06-15

Allen, Donald S. (1999): How Closely Do Banks Manage Vault Cash?. Version 1. Version: v1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/ICPSR01194.v1