Banks, Liquidity Management and Monetary Policy
收藏NBER2014-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20490
下载链接
链接失效反馈官方服务：
资源简介：
We develop a tractable model of banks' liquidity management and the credit channel of monetary policy. Banks finance loans by issuing demand deposits. Loans are illiquid, and transfers of deposits across banks must be settled with reserves in a frictional over the counter market. To mitigate the
提供机构：
美国国家经济研究局
创建时间：
2014-09-01
