IDEAS home Printed from https://ideas.repec.org/a/kea/keappr/ker-200012-16-2-05.html
   My bibliography  Save this article

An Epidemic Model of the Diffusion of NOW/ATS Accounts

Author

Listed:
  • Wooheon Rhee

    (Kyung Hee University)

  • Jinill Kim

Abstract

This paper models the diffusion of banking and financial innovations as if they were "epidemics". The inventors of an innovation may be regarded as the source of a "disease". Potential depositors and investors may be persuaded to purchase the new commodity through interpersonal "infection" or through the mass-media. This paper captures and estimates the diffusion of NOW/ATS accounts as one example of a financial innovation by using an epidemic model. This paper also finds that the epidemic model is alive and well even after the opportunity cost of holding NOW/ATS accounts is included in the regression.

Suggested Citation

  • Wooheon Rhee & Jinill Kim, 2000. "An Epidemic Model of the Diffusion of NOW/ATS Accounts," Korean Economic Review, Korean Economic Association, vol. 16, pages 267-282.
    • Handle: RePEc:kea:keappr:ker-200012-16-2-05
    as

    Download full text from publisher

    File URL: http://keapaper.kea.ne.kr/RePEc/kea/keappr/KER-200012-16-2-05.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Financial Innovations; Epidemic Model; NOW/ATS Accounts;
    All these keywords.

    JEL classification:

    • E47 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Forecasting and Simulation: Models and Applications
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General

    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:kea:keappr:ker-200012-16-2-05. 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: KEA (email available below). General contact details of provider: https://edirc.repec.org/data/keaaaea.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.