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...
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| Altri autori: | , |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1993.
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| Serie: | IMF Working Papers; Working Paper ;
No. 1993/077 |
| Accesso online: | Full text available on IMF |