Financial Market Risk and U.S. Money Demand PDF
By:Woon Gyu Choi,David Cook
Published on 2007-04-01 by International Monetary Fund
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 becomes relatively stable over the last 35 years. At the sectoral level, household money holdings continue to be stable in a traditional model controlling for a decline in transactions costs for investing in mutual funds in the early 1990s. In contrast, business money holdings have been consistently (positively) associated with credit risk.
This Book was ranked at 19 by Google Books for keyword Investing Bonds Business Money.
Book ID of Financial Market Risk and U.S. Money Demand's Books is _WvQswaiT80C, Book which was written byWoon Gyu Choi,David Cookhave ETAG "wYPAHrFvRak"
Book which was published by International Monetary Fund since 2007-04-01 have ISBNs, ISBN 13 Code is and ISBN 10 Code is
Reading Mode in Text Status is false and Reading Mode in Image Status is true
Book which have "33 Pages" is Printed at BOOK under CategoryDemand for money
Book was written in en
eBook Version Availability Status at PDF is falseand in ePub is false
Book Preview
Download Financial Market Risk and U.S. Money Demand PDF Free
Download Financial Market Risk and U.S. Money Demand Book Free
Download Financial Market Risk and U.S. Money Demand Free
Download Financial Market Risk and U.S. Money Demand PDF
Download Financial Market Risk and U.S. Money Demand Book
How to Download Financial Market Risk and U.S. Money Demand Book
How to Download Financial Market Risk and U.S. Money Demand
How to Download Financial Market Risk and U.S. Money Demand pdf
How to Download Financial Market Risk and U.S. Money Demand free
Free Download Financial Market Risk and U.S. Money Demand
No comments:
Post a Comment