Financial Market Risk and U.S. Money Demand /
This paper examines empirically U.S. broad money demand emphasizing the role of financial market risk. We find that money demand rises with the liquidity risk of stock markets or the credit risk of corporate bond markets. After controlling for the effect of financial market risk, money demand become...
| প্রধান লেখক: | |
|---|---|
| অন্যান্য লেখক: | |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2007.
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| মালা: | IMF Working Papers; Working Paper ;
No. 2007/089 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |