Asset Insulators
收藏NBER2018-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w24973
下载链接
链接失效反馈官方服务：
资源简介：
We propose that financial institutions can act as asset insulators, holding assets for the long run to protect their valuations from consequences of exposure to financial markets. We demonstrate the empirical relevance of this theory for the balance sheet behavior of a large class of intermediaries,
提供机构：
美国国家经济研究局
创建时间：
2018-09-01
