Bank excess reserves in emerging economies: A critical review and research agenda

http://repository.vnu.edu.vn/handle/VNU_123/29605

This paper reviews academic studies of excess reserves in the banking system of emerging economies from 2000 to 2014. 

While excess reserves in emerging countries have attracted increasing attention from scholars, virtually no work has reviewed and synthesised the extant knowledge.

This paper takes the necessary step of consolidating and integrating the past literature on emerging country excess reserves.

Focusing on articles published in major scholarly journals, we classify the existing literature on excess reserves into three broad taxonomies, namely excess liquidity sources, excess liquidity's effects, and the response policies of central banks of emerging countries. 

Achievements within each of the three research areas are reviewed, critical gaps identified, and recommendations for future research provided.

Title: 

	Bank excess reserves in emerging economies: A critical review and research agenda
Authors:	Nguyen, Vu Hong Thai Boateng, Agyenim
Keywords:	Excess reserve Emerging economies Bank Excess liquidity
Issue Date:	2015
Publisher:	ELSEVIER SCIENCE INC, 360 PARK AVE SOUTH, NEW YORK, NY 10010-1710 USA
Citation:	ISIKNOWLEDGE
Abstract:	This paper reviews academic studies of excess reserves in the banking system of emerging economies from 2000 to 2014. While excess reserves in emerging countries have attracted increasing attention from scholars, virtually no work has reviewed and synthesised the extant knowledge. This paper takes the necessary step of consolidating and integrating the past literature on emerging country excess reserves. Focusing on articles published in major scholarly journals, we classify the existing literature on excess reserves into three broad taxonomies, namely excess liquidity sources, excess liquidity's effects, and the response policies of central banks of emerging countries. Achievements within each of the three research areas are reviewed, critical gaps identified, and recommendations for future research provided. Crown Copyright (C) 2015 Published by Elsevier Inc. All rights reserved.
Description:	International Review of Financial Analysis Volume: 39 Pages: 158-166 Published: MAY 2015 ; TNS05694
URI:	http://repository.vnu.edu.vn/handle/VNU_123/29605
ISSN:	1057-5219
Appears in Collections:	Bài báo của ĐHQGHN trong Web of Science