Dramatis Personae
Nick Silver
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Nick Silver: University London
Chapter 2 in Finance, Society and Sustainability, 2017, pp 27-51 from Palgrave Macmillan
Abstract:
Abstract There are two channels through which people save via the financial system, which allocates these savings back into the economy. The deposit channel is where savings are left in a bank which lends money out against these deposits. The other is the savings channel, for example a pension, where the saver pays money into a pension, which is invested on their behalf by a series of intermediaries in capital markets.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-56061-2_2
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DOI: 10.1057/978-1-137-56061-2_2
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