Abstract
Having seen in the previous chapter how sector financial surpluses or deficits are generated by the macroeconomic process, Chapter 13 explains the process of financial intermediation, which enables sectors (and entities) in financial deficit to borrow from sectors (and entities) running a financial surplus.
This is a preview of subscription content, log in via an institution to check access.
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 1982 Dudley Jackson
About this chapter
Cite this chapter
Jackson, D. (1982). Financial Intermediation, Banking and the Money Supply. In: Introduction to Economics: Theory and Data. Palgrave, London. https://doi.org/10.1007/978-1-349-16933-7_13
Download citation
DOI: https://doi.org/10.1007/978-1-349-16933-7_13
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-33357-0
Online ISBN: 978-1-349-16933-7
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)