Competitive Interest Payments on Bank Deposits and the Long-Run Demand for Money.

The article discusses competitive interest payments on bank deposits and the long-run demand for money. It tests two assumptions made in previous demand for money studies. The first assumption concerns the role assigned to "the" interest rate in the demand for money function. Common practice identif...

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Publicado en:	American Economic Review Vol. 64; no. 6; pp. 931 - 950
Autor principal:	Klein, Benjamin
Formato:	Artículo
Publicado:	American Economic Association Dec74
Materias:	Bank deposits Demand for money Prices Interest (Finance) Payment Consumption (Economics) Economic demand Money Rate of return Opportunity costs Interest rates Banking industry
Acceso en línea:	Ver este registro en EBSCOhost