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The Supply and Demand for Safe Assets

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NBER2013-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18732
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Safe assets are demanded to smooth consumption across states (both intertemporally and in cross-section). Some of these assets are supplied publicly (government bonds) and some are created and supplied privately (such as mortgagebacked securities and asset-backed securities). Private assets are
创建时间:
2013-01-01
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