Holmström, Bengt.

Inside and outside liquidity [electronic resource] / Bengt Holmström 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.
Palo Alto, Calif. :
ebrary,
2013.
Available via World Wide Web.
Access may be limited to ebrary affiliated libraries.






Liquidity (Economics)


Electronic books.

HG178 / .H65 2011eb

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