01727cas a2200241 a 4500 AALejournalIMF010022 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451956962 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Italian Household Demand : Monetary Assets and Government Debt. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The composition of Italian household wealth has undergone significant changes in the last decade, partly reflecting the growth of public debt and monetary policies aimed at encouraging its absorption by the household sector. Within a theoretical framework consistent with the 'money in the utility function' approach, this paper investigates household preferences for liquidity services provided by short-term financial assets. In the attempt to explain the factors underlying those changes, the empirical analysis provides information on the pattern of substitution for the main components of financial wealth and permits analysis of a variety of government interventions in asset markets. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/076 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/076/001.1988.issue-076-en.xml IMF e-Library