DEGREASING THE WHEELS OF FINANCE

DOI10.1111/iere.12069zbMath1405.91536OpenAlexW2136783576MaRDI QIDQ2921197

Alessandro Marchesiani, Samuel Huber, Aleksander Berentsen

Publication date: 7 October 2014

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: http://opus.bath.ac.uk/41133/1/IER_DEGREASING_THE_WHEELS_OF_FINANCE.pdf

zbMATH Keywords

portfolio choicesdynamic general equilibrium modeltrading in financial markets

Mathematics Subject Classification ID

General equilibrium theory (91B50) Portfolio theory (91G10)

Related Items

Liquidity and asset prices in a monetary model with OTC asset markets, Over-the-counter trade and the value of assets as collateral, New monetarism with endogenous product variety and monopolistic competition, On the optimal quantity of liquid bonds, The redistributive effects of inflation and the shape of money demand, Frictional asset markets and the liquidity channel of monetary policy, Coexistence of money and interest-bearing bonds, Frictional asset reallocation under adverse selection, The role of trading frictions in financial markets, A tractable model of indirect asset liquidity, Adverse selection and costly information acquisition in asset markets

Cites Work

• Outside versus inside bonds: a Modigliani-Miller type result for liquidity constrained economies
• A uniqueness proof for monetary steady state
• Money and capital as competing media of exchange
• Money, credit and banking
• Money is memory
• A theory of commerce
• Societal benefits of illiquid bonds.
• Inefficient Credit Booms
• Liquidity in Asset Markets With Search Frictions
• Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons
• Debt Constrained Asset Markets