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Liquidity Needs in Economies with Interconnected Financial Obligations

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NBER2008-08-01 更新2025-01-04 收录
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A model is developed where firms in a financial system have to settle their debts to each other by using a liquid asset. The question that is studied is how many firms must obtain how much of this asset from outside the financial system to make sure that all debts within the system are settled. The

创建时间:
2008-08-01
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