Capital Flows in a World Starved for Liquidity: Analysis and Policy Implications
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https://www.nber.org/papers/w34688
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资源简介：
We propose a framework for studying financial and macroeconomic dynamics in an environment where liquid assets have a productive use but their supply is limited (i.e., the economy is starved for liquidity). The private demand for financial assets arises from the need to hold them for production. The
提供机构：
美国国家经济研究局
创建时间：
2026-01-01
