Shifts in the Savings Demand for Money and the Business Cycle

Gordon Pepper
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Gordon Pepper: Department of Banking and Finance, City University Business School

Chapter 7 in Money, Credit and Asset Prices, 1994, pp 55-59 from Palgrave Macmillan

Abstract: Abstract This chapter is about the demand for money for savings purposes and shifts in that demand. This is a separate subject from imbalances between the supply of savings and the demand for finance considered in the previous chapter. Shifts in the savings demand for money provide another explanation for the cyclical pattern of asset prices that is associated with the business cycle.

Keywords: Interest Rate; Monetary Policy; Business Cycle; Asset Price; Private Investor (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37593-2_8

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DOI: 10.1057/9780230375932_8

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