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Serial number: 20/2013
Author(s): E. Gulaliyev, Kh. Karimov
Language: Azerbaijani
Date: 2013
Abstract: This paper analyzes the relation between the cashless money supply and interest rates for loans and assesses the room for a reduction of interest rates in Azerbaijan. The main finding of the research is that significant growth of the cashless money supply is a key factor to generate a decline in interest rates for loans in Azerbaijan.
Key words: Money supply, deposits and savings, credit, interest rate
JEL classification: E51, G21, E43
