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THE DEMAND FOR NEW YORK STATE MUTUAL SAVINGS BANK DEPOSITS: 1960-69.
- Source :
- Journal of Finance (Wiley-Blackwell); Jun71, Vol. 26 Issue 3, p713-718, 6p
- Publication Year :
- 1971
-
Abstract
- The article examines the demand for New York State Mutual Savings Bank deposits during the period 1960-1969. Monthly and quarterly levels and changes in savings deposits are regressed against personal income, the rate paid on savings accounts, and the rate available form AAA-rated bonds. The authors discuss their results, and use the regression coefficients to compare actual savings for the first quarter of 1970 with those predicted by their model. In this instance, the "level" equations performed better than the "change" equations.
- Subjects :
- BANK deposits
SAVINGS banks
SAVINGS accounts
FINANCIAL institutions
Subjects
Details
- Language :
- English
- ISSN :
- 00221082
- Volume :
- 26
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Journal of Finance (Wiley-Blackwell)
- Publication Type :
- Academic Journal
- Accession number :
- 4656270
- Full Text :
- https://doi.org/10.1111/j.1540-6261.1971.tb01724.x