Amplification Mechanisms in Liquidity Crises
收藏NBER2009-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15040
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资源简介：
I describe two amplifications mechanisms that operate during liquidity crises and discuss the scope for central bank policies during crises as well as preventive policies in advance of crises. The first mechanism works through asset prices and balance sheets. A negative shock to the balance sheets
提供机构：
美国国家经济研究局
创建时间：
2009-06-01
