Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

A model of Austrian economicsBank behavior

A model of Austrian economics: Bank behavior [The banks in the model, just like the firms, operate with a profit motive. In the pursuit of profit the banks serve as the financial intermediaries between households and firms, i.e. they convert time deposits into loans. Moreover, the banks offer payment services to their customers, which are provided free of charge. The liquidity management of commercial banks distinguishes between three categories of funds that are used for separate purposes. The sight deposits of the customers are only used for the ongoing payments of the depositors.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A model of Austrian economicsBank behavior

Loading next page...
 
/lp/springer-journals/a-model-of-austrian-economics-bank-behavior-SuwuVHucIC

References (0)

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
Springer Fachmedien Wiesbaden
Copyright
© Springer Fachmedien Wiesbaden 2015
ISBN
978-3-658-07076-2
Pages
43 –47
DOI
10.1007/978-3-658-07077-9_5
Publisher site
See Chapter on Publisher Site

Abstract

[The banks in the model, just like the firms, operate with a profit motive. In the pursuit of profit the banks serve as the financial intermediaries between households and firms, i.e. they convert time deposits into loans. Moreover, the banks offer payment services to their customers, which are provided free of charge. The liquidity management of commercial banks distinguishes between three categories of funds that are used for separate purposes. The sight deposits of the customers are only used for the ongoing payments of the depositors.]

Published: Aug 12, 2014

There are no references for this article.