The History and Economics of Safe Assets
收藏NBER2016-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22210
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资源简介:
Safe assets play a critical role in an(y) economy. A safe asset is an asset that is (almost always) valued at face value without expensive and prolonged analysis. That is, by design there is no benefit to producing (private) information about its value. And this is common knowledge. Consequently,
提供机构:
美国国家经济研究局
创建时间:
2016-05-01



