Procyclicality and Monetary Aggregates
收藏NBER2011-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16836
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资源简介：
Financial intermediaries borrow in order to lend. When credit is increasing rapidly, the traditional deposit funding (core liabilities) is supplemented with other funding (non-core liabilities). We explore the hypothesis that monetary aggregates reflect the size of non-core and core liabilities and
提供机构：
美国国家经济研究局
创建时间：
2011-02-01
