1 option
Turnover Liquidity and the Transmission of Monetary Policy / Ricardo Lagos, Shengxing Zhang.
- Format:
- Book
- Author/Creator:
- Lagos, Ricardo.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w25106.
- NBER working paper series no. w25106
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- We provide empirical evidence of a novel liquidity-based transmission mechanism through which monetary policy influences asset markets, develop a model of this mechanism, and assess the ability of the quantitative theory to match the evidence.
- Notes:
- Print version record
- September 2018.
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