Asset Price Inflation in the 1980's : A Flow of Funds Perspective /

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 i...

Полное описание

Библиографические подробности
Главный автор: Schinasi, Garry
Другие авторы: Hargraves, Monica, Weisbrod, Steven
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1993.
Серии:IMF Working Papers; Working Paper ; No. 1993/077
Online-ссылка:Full text available on IMF

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