| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4998 |
| DP4998 Product Specific Rules of Origin in EU and US Preferential Trading Agreements: An Assessment | |
| Jaime de Melo; Olivier Cadot; Céline Carrère; Bolormaa Tumurchudur | |
| 发表日期 | 2005-04-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | Consumers make transactions of different sizes over time. This paper shows that this fact, together with transaction costs of various assets, can help in developing a theory of liquidity. Assets with different cost structures are used to purchase different sizes of transactions. This can explain the demand for money itself, the precautionary demand for money, and the demand for cash and demand deposits. Thus consumers use cash for small transactions, demand deposits for larger transactions, and use savings for the largest transactions. Finally, the paper shows that modeling banks as suppliers of liquidity leads to a better understanding of their success as financial intermediaries. |
| 主题 | Financial Economics ; International Macroeconomics |
| 关键词 | Transactions Demand for money Demand deposits Banks |
| URL | https://cepr.org/publications/dp4998 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533896 |
| 推荐引用方式 GB/T 7714 | Jaime de Melo,Olivier Cadot,Céline Carrère,et al. DP4998 Product Specific Rules of Origin in EU and US Preferential Trading Agreements: An Assessment. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
