Information, Liquidity, Asset Prices, and Monetary Policy
From MaRDI portal
Publication:4610547
DOI10.1093/restud/rds003zbMath1405.91453OpenAlexW2118547492MaRDI QIDQ4610547
Benjamin Lester, Randall Wright, Andrew Postlewaite
Publication date: 23 January 2019
Published in: The Review of Economic Studies (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/74595345b414dc544ece2170b8099105e1fffa95
Lua error in Module:PublicationMSCList at line 37: attempt to index local 'msc_result' (a nil value).
Related Items (33)
Heterogeneous beliefs and trading inefficiencies ⋮ Money and credit as means of payment: a new monetarist approach ⋮ Financial frictions, the housing market, and unemployment ⋮ Monetary policy with asset-backed money ⋮ Imperfect recognizability and coexistence of money and higher-return assets ⋮ Over-the-counter trade and the value of assets as collateral ⋮ A uniqueness proof for monetary steady state ⋮ On the optimal quantity of liquid bonds ⋮ Imperfect knowledge, liquidity and bubbles ⋮ Money mining and price dynamics: the case of divisible currencies ⋮ Counterfeiting, screening and government policy ⋮ Traditional and digital currencies in over-the-counter markets ⋮ Asset liquidity and international portfolio choice ⋮ Savings, asset scarcity, and monetary policy ⋮ Trading dynamics in decentralized markets with adverse selection ⋮ Liquid bundles ⋮ Endogenous liquidity and volatility ⋮ Digital currency and privacy ⋮ Dynamic directed random matching ⋮ On the coexistence of money and higher-return assets and its social role ⋮ A tractable model of monetary exchange with ex post heterogeneity ⋮ Collateral fluctuations in a monetary economy ⋮ Bargaining under liquidity constraints: unified strategic foundations of the Nash and Kalai solutions ⋮ Liquidity and private information in asset markets: to signal or not to signal ⋮ Debt enforcement and the value of money ⋮ Imperfect information transmission and adverse selection in asset markets ⋮ Undefeated equilibria of the Shi-Trejos-Wright model under adverse selection ⋮ Relationship finance, informed liquidity, and monetary policy ⋮ Adverse selection and costly information acquisition in asset markets ⋮ A model of secular migration from centralized to decentralized trade ⋮ The perils of credit booms ⋮ Banking crises and liquidity in a monetary economy ⋮ Asset prices and standing facilities in a monetary economy
This page was built for publication: Information, Liquidity, Asset Prices, and Monetary Policy
