Trade Dynamics in the Market for Federal Funds
收藏NBER2014-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w20419
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资源简介:
We develop a model of the market for federal funds that explicitly accounts for its two distinctive features: banks have to search for a suitable counterparty, and once they meet, both parties negotiate the size of the loan and the repayment. The theory is used to answer a number of positive and
提供机构:
美国国家经济研究局
创建时间:
2014-08-01



