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Analysing the demand for financial assets in Indonesia
This paper analyses the demand for three important financial assets (i.e. bank deposits) in Indonesia: demand deposits, saving deposits, and time deposits. We use a system wide approach to consumption economics to perform the analysis in the long and short run. The estimation results reveal that a) generally, the wealth elasticity for saving deposits is above one, for time deposits is below one, and for demand deposits it varies from 0.5 (in the short run) to 1.1 (in the long run); b) the own interest rate coefficients are statistically significant and positive, as expected; and c) in the long run, while the assets of demand deposits and time deposits and of saving deposits and time deposits are pairwise substitutes, the assets of demand deposits and saving deposits are pairwise complements..
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.2 - Karya Akhir | 1 |
| Penerbit | : Bulletin of Monetary Economics and Banking 2019 |
|---|---|
| Edisi | - |
| Subjek | Indonesia Interest rate Financial Assets Saving Deposits Demand deposits Time deposits Wealth elasticity |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |