The optimal quantity of money and partially-liquid assets

DOI10.1016/J.JET.2020.105034zbMath1447.91099OpenAlexW3014275136MaRDI QIDQ785516

Ugo Zannini

Publication date: 7 August 2020

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2020.105034

zbMATH Keywords

monetary policyrisk sharingfinancial intermediationasset marketliquidity effect

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Financial markets (91G15)

Related Items (2)

INSIDE MONEY, INVESTMENT, AND UNCONVENTIONAL MONETARY POLICY ⋮ Optimal monetary policy with interest on reserves and capital over-accumulation

Cites Work

• Pairwise trade, asset prices, and monetary policy
• Inefficient liquidity provision
• On the optimal quantity of liquid bonds
• The role of trading frictions in financial markets
• On the optimality of the Friedman rule in a New Monetarist model
• Bank Runs, Deposit Insurance, and Liquidity
• A Theory of Liquidity and Regulation of Financial Intermediation
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium

This page was built for publication: The optimal quantity of money and partially-liquid assets