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McAndrews on Narrow Banking

Summary:
At an AEI event in Washington, James McAndrews discussed narrow banking and the Federal Reserve’s opposition to McAndrews’ “The Narrow Bank USA Inc.” His slides emphasize the fact that a narrow bank can help achieve goals that Federal Reserve representatives themselves promoted in the past.

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At an AEI event in Washington, James McAndrews discussed narrow banking and the Federal Reserve’s opposition to McAndrews’ “The Narrow Bank USA Inc.”

His slides emphasize the fact that a narrow bank can help achieve goals that Federal Reserve representatives themselves promoted in the past.

Dirk Niepelt
Dirk Niepelt is Director of the Study Center Gerzensee and Professor at the University of Bern. A research fellow at the Centre for Economic Policy Research (CEPR, London), CESifo (Munich) research network member and member of the macroeconomic committee of the Verein für Socialpolitik, he served on the board of the Swiss Society of Economics and Statistics and was an invited professor at the University of Lausanne as well as a visiting professor at the Institute for International Economic Studies (IIES) at Stockholm University.

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