Market Freezes
收藏NBER2021-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29210
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资源简介：
During the financial crisis apparently centralized markets continued to function while trade in OTC markets froze. We use search-and-bargaining theory to ascertain conditions that allow trade to temporarily freeze in decentralized markets, focusing on the roles of liquidity and self-fulfilling
提供机构：
美国国家经济研究局
创建时间：
2021-09-01
