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Inside and outside liquidity

by Holmstr�om, Bengt.
Additional authors: Tirole, Jean. | ebrary, Inc.
Published by : MIT Press, (Cambridge, Mass. :) Physical details: viii, 254 p. : ill.
Subject(s): Liquidity (Economics) | Electronic books.
Year: 2011
Online resources:
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Includes bibliographical references and index.

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.

Electronic reproduction. Palo Alto, Calif. : ebrary, 2013. Available via World Wide Web. Access may be limited to ebrary affiliated libraries.

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