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.
|Date of creation:||Aug 2013|
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- Toru Konno & Mototsugu Fukushige, 2002. "The Canada-United States bilateral import demand functions: gradual switching in long-run relationships," Applied Economics Letters, Taylor & Francis Journals, vol. 9(9), pages 567-570.
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