Banking in the Abstract – The ‘Chicago Plan’

Introduction The IMF recently published a working paper (August 2012) “The Chicago Plan Revisited”: http://www.imf.org/external/pubs/ft/wp/2012/wp12202.pdf The authors are IMF staffers Jaromir Benes and Michael Kumhof. The views expressed are those of the authors, and not of the IMF. Accordingly, we will refer to this paper as the “BK Chicago Plan”. The original “Chicago Plan” isRead More