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Confidence-Sensitive Funds and Contingency Planning

Working Paper 71 | Published April 1, 1977

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Author

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James N. Duprey

Confidence-Sensitive Funds and Contingency Planning

Abstract

This paper briefly recounts several of the key financial developments of 1974, describes the contingency planning exercise developed by the Minneapolis Federal Reserve Bank to encourage planning by large member banks, and then discusses some of the comments received in a trial run. The Appendix contains a copy of the exercise together with an illustrative example.