The Structure of the Postwar Money Market
An interesting financial development of recent years is the renewal of activity in the money market. Transactions follow a quite different pattern from that of the 1920's, to which one must turn for a comparably active period. There have been important changes in the mechanics of money market o...
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Veröffentlicht in: | Southern economic journal 1951-04, Vol.17 (4), p.409-421 |
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description | An interesting financial development of recent years is the renewal of activity in the money market. Transactions follow a quite different pattern from that of the 1920's, to which one must turn for a comparably active period. There have been important changes in the mechanics of money market operations, traceable to fundamental shifts in business and government finance. A survey of the functioning of the money market under present-day conditions affords an opportunity to examine the economic purpose served by this portion of the financial apparatus. |
doi_str_mv | 10.2307/1054489 |
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Transactions follow a quite different pattern from that of the 1920's, to which one must turn for a comparably active period. There have been important changes in the mechanics of money market operations, traceable to fundamental shifts in business and government finance. A survey of the functioning of the money market under present-day conditions affords an opportunity to examine the economic purpose served by this portion of the financial apparatus.</abstract><cop>Chapel Hill, N.C., etc</cop><pub>Southern Economic Association and the University of North Carolina at Chapel Hill</pub><doi>10.2307/1054489</doi><tpages>13</tpages></addata></record> |
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source | PAIS Index; Periodicals Index Online; Jstor Complete Legacy |
subjects | Bank loans Bank markets Bank reserves Bankers acceptances Banking industry Borrowing Central banks Commercial banks Commercial paper Correspondent banks Federal Reserve Bank Government securities Loan workouts Money market Money market instruments Money markets Open markets Paper money Securities markets Short term debt Treasury bills World War II |
title | The Structure of the Postwar Money Market |
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