Bibliograph

Inside and outside liquidity, Bengt Holmström and Jean Tirole

Type

Label

Inside and outside liquidity, Bengt Holmström and Jean Tirole

Language

eng

Bibliography note

Includes bibliographical references (pages 243-250) and index

Illustrations

illustrations

Index

index present

Literary Form

non fiction

Main title

Inside and outside liquidity

Nature of contents

dictionariesbibliography

Oclc number

727950164

Responsibility statement

Bengt Holmström and Jean Tirole

Summary

In this volume, leading economists Bengt Holmström and Jean Tirole develop a theory explaining the demand for a supply of liquid assets

Table Of Contents

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

Classification