Adoption of Financial Technologies: Implications for Money Demand and Monetary Policy
收藏NBER1996-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5504
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In this paper we argue that the relevant decision for the majority of US households is not the fraction of assets to be held in interest bearing form, but whether to hold any of such assets at all (we call this `the decision to adopt' the financial technology). We show that the key variable
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美国国家经济研究局创建时间：
1996-03-01
