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- W2266433240 abstract "The growth of sterling lending by UK monetary financial institutions to the UK private sector has substantially exceeded the growth of UK private sector sterling deposits over the past two years. This article considers the possible influence on this growth differential of two events in the past financial year: the unexpected extent of the Government's cash surplus; and the assumption by the Debt Management Office of responsibility for government cash management. The article also describes how the gap between sterling lending and deposits was financed over the past two years." @default.
- W2266433240 created "2016-06-24" @default.
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- W2266433240 date "2005-07-25" @default.
- W2266433240 modified "2023-09-22" @default.
- W2266433240 title "Explaining the Difference between the Growth of M4 Deposits and M4 Lending: Implications of Recent Developments in Public Finances" @default.
- W2266433240 hasPublicationYear "2005" @default.
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