Showing 1 - 10 of 37
Persistent link: https://www.econbiz.de/10012216272
in the percentage of households with deposit accounts. We find that, among households earning $84,000 or less in 1991 … prices, the percentage of households with deposit accounts fell from 90.5 percent in 1977 to 86.5 percent in 1989. For … households earning $12,000 or less, the percentage with deposit accounts fell from 70.3 percent to 59.2 percent. Although changes …
Persistent link: https://www.econbiz.de/10005418731
Persistent link: https://www.econbiz.de/10011773325
Persistent link: https://www.econbiz.de/10011456912
Persistent link: https://www.econbiz.de/10011452366
The financial foundation of Germany's manufacturing success, according to the comparative capitalism literature, is an ample supply of long-term capital, provided to firms by a three-pillar banking system and "patient" domestic shareholders. This premise also informs the recent literature on...
Persistent link: https://www.econbiz.de/10012014582
This paper studies the relationship between the business cycle and financial intermediation in the euro area. We establish stylized facts and study their stability during the global financial crisis and the European sovereign debt crisis. Long-term interest rates have been exceptionally high and...
Persistent link: https://www.econbiz.de/10011959310
The Federal Reserve requires U.S. commercial banks andother depository institutions to hold a minimum level ofreserves in proportion to certain liabilities. On occasion, thecentral bank has reduced reserve requirements—such as in1990, when requirements on large time deposits were dropped,and...
Persistent link: https://www.econbiz.de/10005869373
Persistent link: https://www.econbiz.de/10003567943
Persistent link: https://www.econbiz.de/10009535043