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01794cas a2200265 a 4500 |
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|c 5.00 USD
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|z 9781451849936
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Schinasi, Garry.
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|a Asset Price Inflation in the 1980's :
|b A Flow of Funds Perspective /
|c Garry Schinasi, Steven Weisbrod, Monica Hargraves.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1993.
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|a 1 online resource (40 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper examines how and why financial resources were channeled almost exclusively to specific asset markets in Japan, the United Kingdom, and the United States in the late 1980s. A decline in demand for funds by traditional borrowers, and a shift by savers from banks toward indirect securities investments were critical factors in all three cases. Until intermediaries and investors learned to evaluate new opportunities, funds were recycled in certain asset markets. The pressures on Japanese asset markets were particularly intense because of the size of Japan's domestic saving relative to traditional domestic investment opportunities.
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|a Mode of access: Internet
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|a Hargraves, Monica.
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|a Weisbrod, Steven.
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|a IMF Working Papers; Working Paper ;
|v No. 1993/077
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1993/077/001.1993.issue-077-en.xml
|z IMF e-Library
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