Does regional redistribution spur growth? /

Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates have not coincided with a concurrent rise in goods prices. At the same time, however, asset prices have increased sharply, significantly outpacing the subdued development in consumer...

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Bibliographic Details
Main Author: Koetter, Michael
Other Authors: Wedow, Michael
Format: Book
Language:English
Published: Frankfurt am Main : Deutsche Bundesbank, 2008
Series:Discussion paper (Deutsche Bundesbank). Series 1: economic studies no. 28/2008
Subjects:
Online Access:https://www.econstor.eu/bitstream/10419/27652/1/200828dkp.pdf