What people are saying - Write a review
We haven't found any reviews in the usual places.
The Sir Dennis Robertson Lecture
Money in an International Economy
16 other sections not shown
Other editions - View all
adjustment aggregate analysis appear approach assets assumed assumption authorities average balance bank behaviour bond capital changes coefficients commercial banks concerned considerable considered costs currency curve decision demand deposits depends derived determined discussion domestic economic effect elasticity empirical equal equation equilibrium error estimates evidence example exchange expected expenditure factors Federal function further given growth holdings implies important income increase indicator influence interest interest rates investment labour less liquidity loan measure monetary policy money supply noted observed parameters payments period portfolio positive possible present problem production question rate of interest ratio reason reduced refer relationship relative reserves respect restrictions savings sector securities significant specification stabilization statistical structure studies substitution suggests Table theory tion United variables wage yield