IDEAS home Printed from https://ideas.repec.org/a/bla/revinw/v32y1986i4p409-424.html
   My bibliography  Save this article

The Treatment Of Interest And Financial Intermediaries In The National Accounts Of Australia

Author

Listed:
  • Bryan Haig

Abstract

This paper is divided into two main sections. The first part summarises briefly the main points which have arisen in the lengthy debate over the treatment of banking intermediaries in the national accounts. The discussion emphasises the method adopted in the early Australian accounts when banks were treated in the same way as the general government. It is argued that this method is simpler and provides a more realistic account of the functions of banks than the current SNA proposal. The second part of the paper examines the functions of banks in Australia. It uses data of interest and administration cost for separate banking institutions to examine the incidence of bank costs. It is concluded that the costs do not fall on borrowers or lenders but are a charge in providing a communal service in the establishment and maintenance of the financial system.

Suggested Citation

  • Bryan Haig, 1986. "The Treatment Of Interest And Financial Intermediaries In The National Accounts Of Australia," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 32(4), pages 409-424, December.
    • Handle: RePEc:bla:revinw:v:32:y:1986:i:4:p:409-424
    DOI: 10.1111/j.1475-4991.1986.tb00548.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1475-4991.1986.tb00548.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1475-4991.1986.tb00548.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:revinw:v:32:y:1986:i:4:p:409-424. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iariwea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.