Inside and outside liquidity [electronic resource] / Bengt Holmstrom and Jean Tirole.
Material type: TextPublication details: Cambridge, Mass. : MIT Press, c2011Description: viii, 254 p. : illISBN: 9780262295536 (electronic bk.)Subject(s): Liquidity (Economics)Genre/Form: Electronic books.DDC classification: 338.4/3 LOC classification: HG178 | .H65 2011Online resources: Click to ViewIncludes 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. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
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