A fiscal theory of money and bank liquidity provision

DOI10.1016/J.JET.2023.105744MaRDI QIDQ6139972OpenAlexFDO

Authors Ping He, Zehao Liu, Chengbo Xie

Publication date 19 January 2024

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2023.105744

zbMATH Keywords

bankingfiscal policyfiat moneyliquidity shortageside trades

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Recommendations

• Fiscal policy and liquidity traps with heterogeneous agents
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Cites work

• A theory of liquidity and regulation of financial intermediation
• Bank Runs, Deposit Insurance, and Liquidity
• Financial intermediaries and markets.
• Money, financial stability and efficiency
• Wealth, endogenous collateral quality, and financial crises

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