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Inside and outside liquidity [electronic resource] /

by Holmstr�om, Bengt; Tirole, Jean; ProQuest (Firm).
Material type: materialTypeLabelBookPublisher: Cambridge, Mass. : MIT Press, c2011Description: viii, 254 p. : ill.ISBN: ; .Subject(s): Liquidity (Economics) | Electronic booksOnline resources: Click to View
Contents:
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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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.


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