Logo der Universität Basel

Research Database / FORSCHUNGSDATENBANK 
PRINTDOC
 
Publication 4494578 | Verified
 

Data Entry: Please note that the research database will be replaced by UNIverse by the end of October 2023. Please enter your data into the system https://universe-intern.unibas.ch. Thanks

Login for users with Unibas email account...

Login for registered users without Unibas email account...

 
Money demand under free banking: Switzerland 1851-1906
JournalArticle (Originalarbeit in einer wissenschaftlichen Zeitschrift)
 
ID 4494578
Author(s) Gerlach, Stefan; Kugler, Peter
Author(s) at UniBasel Kugler, Peter
Year 2018
Title Money demand under free banking: Switzerland 1851-1906
Journal Swiss Journal of Economics and Statistics / Schweizerische Zeitschrift für Volkswirtschaft und Statistik
Volume 154
Number 1
Pages / Article-Number 18
Abstract This paper studies money demand in Switzerland under free banking before the establishment of the Swiss National Bank. We find that, in addition to income, the banks’ balance-sheet-to-GDP ratio and the number of banks were important determinants of long-run money demand. The former variable also played an important role in the monetary adjustment process. We also detect a strong positive long-run impact of real income on the bank’s balance-sheet-total-to-GDP ratio and a strong long-run influence of real income and the interest rate spread on the number of banks.
Publisher Swiss Society of Economics and Statistics (SSES)
ISSN/ISBN 0303-9692 ; 2235-6282
edoc-URL https://edoc.unibas.ch/68477/
Full Text on edoc No
Digital Object Identifier DOI 10.1186/s41937-017-0013-8
PubMed ID http://www.ncbi.nlm.nih.gov/pubmed/30443510
ISI-Number MEDLINE:30443510
Document type (ISI) Journal Article
 
   

MCSS v5.8 PRO. 0.404 sec, queries - 0.000 sec ©Universität Basel  |  Impressum   |    
03/05/2024