the interest rate elasticity
the interest rate elasticity
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This paper proposes to use the interest rate elasticity of money demand to measure the liquidity constraints in the economy for the first time .
因此本文首次提出利用货币需求的利率弹性来衡量经济体中流动性约束的大小。
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Under the conditions of the same equilibrium between products market and currency market , the force of finance policy and currency policy is determined by the interest rate elasticity of currency demand and the interest rate elasticity of investment .
在产品市场和货币市场同时均衡条件下,财政政策和货币政策的效力取决于货币需求的利率弹性和投资的利率弹性。
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