@techreport{NBERw0731,
 title = "Changes in the Provision of Correspondent-Banking Services and the Role of Federal Reserve Banks under the DIDMC Act",
 author = "Edward J. Kane",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "731",
 year = "1982",
 month = "June",
 URL = "http://www.nber.org/papers/w0731",
 abstract = {This paper focuses on microeconomic incentives set in motion by Federal Reserve decisions about how to implement the reserve-requirement and pricing-of-service provisions of the Depository Institutions Deregulation and Monetary Control Act of 1980 (the DIDMC Act). These incentives promise to reshape the production and character of correspondent-banking services, the margin of jurisdictional competition between state banking regulators and the Federal Reserve System, and ultimately the regional structure of the Federal Reserve itself.},
}