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Inside and outside liquidity / Bengt Holmström and Jean Tirole.

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Format:
Book
Author/Creator:
Holmström, Bengt.
Contributor:
Tirole, Jean.
Language:
English
Subjects (All):
Liquidity (Economics).
Physical Description:
1 online resource (263 p.)
Edition:
1st ed.
Place of Publication:
Cambridge, Mass. : MIT Press, ©2011.
Language Note:
English
Summary:
In this volume, leading economists Bengt Holmström and Jean Tirole develop a theory explaining the demand for a supply of liquid assets.
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
Is there still scope for public liquidity provision when firms have 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.
Notes:
Description based upon print version of record.
Includes bibliographical references and index.
OCLC-licensed vendor bibliographic record.
ISBN:
9786613119100
9781283119108
1283119102
9780262295536
0262295539
OCLC:
727950164

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