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The term "excess liquidity" may refer to the share of liquid assets in bank portfolios (the result of a retrenchment in bank lending, or a "credit crunch") or to money holdings of the nonbank public. Excess...
Type de document: Document de travail de recherche sur les politiquesNuméro du rapport: WPS796Date du document: 31 octobre 1991Mode de publication: Auteur: Caprio, Gerard,Honohan, Patrick