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Financial Deregulation and Consumption in the United Kingdom

Tamin Bayoumi

The Review of Economics and Statistics 1993

The last decade has seen widespread deregulation of domestic financial markets in the United Kingdom. This paper uses regional data to investigate the connection between consumption and financial deregulation. It is concluded that deregulation has led to a significant increase in the forward-looking nature of aggregate consumption. Copyright 1993 by MIT Press.

DOI
10.2307/2109471
Volume
75 (3)
Pages
536
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