Modelling the demand for financial assets: The case of Sri Lanka

IF 5.6 2区经济学 Q1 BUSINESS, FINANCE

Emerging Markets Review Pub Date : 2025-06-13 DOI:10.1016/j.ememar.2025.101330

E.A. Selvanathan , Maneka Jayasinghe , Saroja Selvanathan , Brinda Viswanathan

引用次数: 0

Abstract

This paper uses a portfolio allocation model to analyse the demand for household financial assets in the form of bank deposits, savings and term deposits for an emerging market, Sri Lanka, for the period 1981–2022. In contrast to previous research, findings reveal the presence of a non-linear relationship between household financial assets and share of asset allocation. The findings also suggest some degree of substitutability and complementarity between household bank investments. The findings of this study inform monetary policy decisions to encourage household savings in times of highly volatile political and economic conditions, such as civil wars and economic crises.

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金融资产需求建模：以斯里兰卡为例

本文使用投资组合配置模型来分析1981-2022年期间新兴市场斯里兰卡对银行存款、储蓄和定期存款形式的家庭金融资产的需求。与以往的研究相比，研究结果揭示了家庭金融资产与资产配置份额之间存在非线性关系。研究结果还表明，家庭银行投资之间存在一定程度的可替代性和互补性。这项研究的结果为货币政策决策提供了依据，以鼓励家庭在内战和经济危机等高度动荡的政治和经济条件下储蓄。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Emerging Markets Review Multiple-

CiteScore

7.10

自引率

4.20%

发文量

审稿时长

100 days

期刊介绍： The intent of the editors is to consolidate Emerging Markets Review as the premier vehicle for publishing high impact empirical and theoretical studies in emerging markets finance. Preference will be given to comparative studies that take global and regional perspectives, detailed single country studies that address critical policy issues and have significant global and regional implications, and papers that address the interactions of national and international financial architecture. We especially welcome papers that take institutional as well as financial perspectives.