Inside and Outside Liquidity (English, Bengt Holmstrom | Jean Tirole)
by Bengt Holmstrom | Jean Tirole
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Book Details
Publisher
MIT Press
Language
English
ISBN-13
9780262518536
ISBN-10
0262518538
Author
Bengt Holmstrom | Jean Tirole
About the Book
Two leading economists develop a theory explaining the demand for and supply of liquid assets. Why do financial institutions, industrial companies, and households hold low-yielding money balances, Treasury bills, and other liquid assets? When and to what extent can the state and international financial markets make up for a shortage of liquid assets, allowing agents to save and share risk more effectively? These questions are at the center of all…
ISBN: 9780262518536
ISBN-13: 9780262518536
ISBN-10: 0262518538
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Product ID: isbn-9780262518536
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