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Deposit Formation in Georgia

This paper analyzes behavior of the real deposits in Georgia in1996-2009 by modeling demand for the real broad money balances and the cash-deposit ratio. The results suggest that the main factors that affected deposits over those years were income, development of the financial sector, and changes in...

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Bibliographic Details
Main Author: Tchaidze, Robert
Other Authors: Tvalodze, Salome
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:IMF Working Papers
Subjects:
Depository Institutions
Government And The Monetary System
Inflation
Commercial Banks
Payment Systems
Banks
Banks And Banking
Monetary Economics
Regimes
Deflation
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Mortgages
Money
Money Supply
Price Level
Monetary Base
Standards
Demand For Money
Currencies
Monetary Systems
Prices
Macroeconomics
Banking
Money And Monetary Policy
Georgia
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper analyzes behavior of the real deposits in Georgia in1996-2009 by modeling demand for the real broad money balances and the cash-deposit ratio. The results suggest that the main factors that affected deposits over those years were income, development of the financial sector, and changes in the tax burden, while changes in the interest rate and inflation played only a minor role. The results also demonstrate importance of the geopolitical events as they affect confidence in the banking sector
Physical Description:20 pages
ISBN:9781455226108

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