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Shifts in the Savings Demand for Money and the Business Cycle

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Money, Credit and Asset Prices
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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.

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© 1994 Gordon Pepper

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Pepper, G. (1994). Shifts in the Savings Demand for Money and the Business Cycle. In: Money, Credit and Asset Prices. Palgrave Macmillan, London. https://doi.org/10.1057/9780230375932_8

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