Trade Dynamics in the Market for Federal Funds
收藏数据链接:
官方服务:
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



