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1. |
Record Nr. |
UNINA9910461603803321 |
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Autore |
Holmström Bengt |
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Titolo |
Inside and outside liquidity [[electronic resource] /] / Bengt Holmström and Jean Tirole |
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Pubbl/distr/stampa |
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Cambridge, Mass., : MIT Press, c2011 |
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ISBN |
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1-283-11910-2 |
9786613119100 |
0-262-29553-9 |
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Descrizione fisica |
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1 online resource (263 p.) |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Liquidity (Economics) |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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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. |
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Sommario/riassunto |
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In this volume, leading economists Bengt Holmström and Jean Tirole develop a theory explaining the demand for a supply of liquid assets. |
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