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...
Autor principal: | |
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Outros Autores: | , |
Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
1993.
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coleção: | IMF Working Papers; Working Paper ;
No. 1993/077 |
Acesso em linha: | Full text available on IMF |