The Secular Decrease in UK Safe Asset Market Power
收藏NBER2023-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31180
下载链接
链接失效反馈官方服务：
资源简介：
We document the decline in market power of the U.K. in safe assets and quantify the resulting losses. We estimate an increasing elasticity of demand for U.K. public debt during the latter half of the 20th century. This is in sharp contrast to the U.S., which displays the opposite pattern with
提供机构：
美国国家经济研究局
创建时间：
2023-05-01
