Inside and Outside Liquidity
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Book Overview
Two leading economists develop a theory explaining the demand for and supply of liquid assets. Why do financial institutions, industrial companies, and households hold low-yielding money balances, Treasury bills, and other liquid assets? When and to what extent can the state and international financial markets make up for a shortage of liquid assets, allowing agents to save and share risk more effectively? These questions are at the center...
Format:Paperback
Language:English
ISBN:0262518538
ISBN13:9780262518536
Release Date:January 2013
Publisher:MIT Press
Length:262 Pages
Weight:0.79 lbs.
Dimensions:0.5" x 6.1" x 9.0"
Age Range:18 years and up
Grade Range:Postsecondary and higher
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