Front cover image for Inside and outside liquidity

Inside and outside liquidity

In this volume, leading economists Bengt Holmström and Jean Tirole develop a theory explaining the demand for a supply of liquid assets
eBook, English, ©2011
MIT Press, Cambridge, Mass., ©2011
Ressources Internet
1 ressource en ligne (viii, 254 pages) : illustrations
9780262295536, 9780262294782, 9780262518536, 0262295539, 0262294788, 0262518538
1004002041
Leverage
A simple model of liquidity demand
Aggregate liquidity shortages and liquidity premia
A liquidity asset pricing model (LAPM)
Public provision of liquidity in a closed economy
Liquidity provision with access to global capital markets
Financial muscle and overhoarding of liquidity
Specialized inputs and secondary markets
Epilogue: summary and concluding thoughts on the subprime crisis