The long-run relationship between the Japanese credit and money multipliers

The standard argument is that while money creation and credit creation have different channels, they provide the same theoretical size of multipliers. However, there is usually some difference in practice. Consequently, in this paper we investigate the long-run relationship between the credit and money multipliers in Japan.

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Year of publication:	2013-08
Authors:	Fukushige, Mototsugu
Institutions:	Graduate School of Economics, Osaka University
Subject:	Money Supply \| Money Stock \| Money Multiplier \| Credit Multiplier

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Extent:	application/pdf
Series:	Discussion Papers in Economics and Business.
Type of publication:	Book / Working Paper
Notes:	Number 13-19 28 pages
Classification:	E51 - Money Supply; Credit; Money Multipliers ; E41 - Demand for Money ; E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010837065