Liquidity Production in 21st Century Banking
收藏NBER2008-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13798
下载链接
链接失效反馈官方服务：
资源简介：
I consider banks' role in providing funding liquidity (the ability to raise cash on demand) and market liquidity (the ability to trade assets at low cost), and how these roles have evolved. Traditional banks made illiquid loans funded with liquid deposits, thus producing funding liquidity on the
提供机构：
美国国家经济研究局
创建时间：
2008-02-01
