Turnover Liquidity and the Transmission of Monetary Policy
收藏NBER2018-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w25106
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资源简介:
We provide empirical evidence of a novel liquidity-based transmission mechanism through which monetary policy influences asset markets, develop a model of this mechanism, and assess the ability of the quantitative theory to match the evidence.
提供机构:
美国国家经济研究局
创建时间:
2018-10-01



