Series: IMF Working Papers
Author(s): Robert Tchaidze , and Salome Tvalodze
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2011
Keywords: currency-deposit ratio, depositary base, real money, nominal interest rate, foreign currency, inflation,
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 depo...