Money demand near zero interest rate: Evidence from regional data
本文档由 englishpapers 分享于2010-11-03 17:14
Using Japanese regional data, we have obtained estimates of the income elasticity of demand deposits that are positive, have values that are close to one, and are statistically significantly different from zero, not only during the period of the low interest rate policy implemented after 1995 but also during the period of the zero interest rate policy. The stable relationship obtained from ..
君,已阅读到文档的结尾了呢~~