Optimal Monetary Policy in a Collateralized Economy
收藏NBER2016-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22599
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资源简介：
In the last forty or so years the U.S. financial system has morphed from a mostly insured retail deposit-based system into a system with significant amounts of wholesale short-term debt that relies on collateral, and in particular Treasuries, which have a convenience yield. In the new economy the
提供机构：
美国国家经济研究局
创建时间：
2016-09-01
