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Peer reviewed Peer reviewed
ERIC Number: EJ488729
Record Type: Journal
Publication Date: 1994
Pages: N/A
Abstractor: N/A
ISBN: N/A
ISSN: ISSN-0022-0485
EISSN: N/A
Asset Substitution: A Note on the Factors That Influence Both Money Supply and Demand.
Black, David C.; Dowd, Michael
Journal of Economic Education, v25 n2 p167-71 Spr 1994
Asserts that economics students are usually given two descriptions of the money market with the implication that they are consistent with each other. Reviews recent research and presents an asset-substitution model that reconciles the two descriptions of the money market with observed behavior. (CFR)
Descriptors: Banking, Course Content, Economic Factors, Economics Education, Free Enterprise System, Higher Education, Monetary Systems, Private Sector, Public Sector, Supply and Demand
Publication Type: Reports - Descriptive; Journal Articles
Education Level: N/A
Audience: Teachers; Practitioners
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A