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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书目详细资料
主要作者: Schinasi, Garry
其他作者: Hargraves, Monica, Weisbrod, Steven
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 1993.
丛编:IMF Working Papers; Working Paper ; No. 1993/077
在线阅读:Full text available on IMF