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The Expansion Power of the English Banking System

Leonard L. Watkins

University of Michigan–Ann Arbor

Quarterly Journal of Economics 1938

Scope and purpose of study, 1.— I. Reserve policies of London Clearing House banks: primary expansion, 2.— Customary reserve ratios, 2.— Coefficients of expansion: commercial banking system, 8.— Individual commercial banks, 10.— II. Reserve policies of the Bank of England: systemic expansion, 16. — Deposit expansion, 17. — Currency and deposit expansion, 27.— III. Coefficients of expansion as guides for banking policy and reform, 35.

DOI
10.2307/1884105
Volume
53 (1)
Pages
1
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