On the optimal quantity of liquid bonds
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Publication:1655593
DOI10.1016/j.jedc.2017.04.002zbMath1401.91384OpenAlexW2613216848MaRDI QIDQ1655593
Publication date: 9 August 2018
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: http://www.econ.uzh.ch/static/wp/econwp193.pdf
money demandmonetary theoryfinancial intermediationover-the-counter marketspecuniary externalitybond supply
Related Items (4)
The redistributive effects of inflation and the shape of money demand ⋮ Frictional asset markets and the liquidity channel of monetary policy ⋮ The role of trading frictions in financial markets ⋮ The optimal quantity of money and partially-liquid assets
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