Money and Banking |
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Page 48
... indicate that branching is a very expensive way for a bank to acquire size . In other words , if one compares the operat- ing expenses of a branch and unit bank of the same size , the branch bank will have higher average costs . A ...
... indicate that branching is a very expensive way for a bank to acquire size . In other words , if one compares the operat- ing expenses of a branch and unit bank of the same size , the branch bank will have higher average costs . A ...
Page 423
... indicate that there is little or no relationship between interest and inventory . A common interpretation of these negative findings is that business expectations about future price and demand changes are so powerful that they swamp ...
... indicate that there is little or no relationship between interest and inventory . A common interpretation of these negative findings is that business expectations about future price and demand changes are so powerful that they swamp ...
Page 537
... indicate that the inside lag is relatively short , that is , almost certainly not longer than six months and probably more like two or three months . Estimates of the outside lag of monetary policy are highly controversial . Some ...
... indicate that the inside lag is relatively short , that is , almost certainly not longer than six months and probably more like two or three months . Estimates of the outside lag of monetary policy are highly controversial . Some ...
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accounts amount analysis assets average balance of payments bank reserves bank's bankers banking system banks per town bond borrowing branch banking capital cash Chapter coefficient commercial banks corporations currency curve decrease demand deposits demand for money dollars economists economy employment equilibrium example excess reserves exchange rate FDIC Federal Reserve System Figure financial institutions function funds gold government securities holding companies increase inflation interest rates investment investor issue Keynesian liabilities liquidity long-term maturity member bank reserves merger million monetary policy money market money supply national banks national income number of banks open market operations percent portfolio profit quantity of money quantity theorists question rate of interest real bills doctrine real sector regression analysis regression equation relationship reserve requirements S&Ls savings deposits schedule sell short-term statistical Table tion transactions Treasury bills unit banking United States government yield curve