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Why Did Banks Increase Their Holdings of Excess Reserves During

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Why did banks increase their holdings of excess reserves during the Financial Crisis of 2007-2009?


Definitions:

Females

Refers to the sex of an organism, or part of an organism, that produces non-mobile ova (egg cells) and can typically bear offspring or produce seed.

Maternal Due Date

The estimated date when a pregnant woman is expected to give birth, typically calculated based on the date of her last menstrual period.

Fetuses

The developmental stage of human beings in the womb from the end of the eighth week after conception until birth.

Wakefulness

The state of being awake and aware of one's surroundings, characterized by active engagement with the environment and cognitive processes.

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