Holmstr�om, Bengt.

Inside and outside liquidity [electronic resource] / Bengt Holmstr�om and Jean Tirole. - Cambridge, Mass. : MIT Press, c2011. - viii, 254 p. : ill.

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. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.






Liquidity (Economics)


Electronic books.

HG178 / .H65 2011

338.4/3

Hong Kong Nang Yan College of Higher Education
Lee Yan Fong Library
325-329 Lai Chi Kok Road, Shamshuipo, Kowloon, HONG KONG