Inside and Outside Liquidity
By Patrick Bolton, Tano Santos, Jose A. Scheinkman. 2008
175 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/5303949ff0c2fe14ed24948c9db0730a19c0f22e
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- Nobuhiro Kiyotaki
- M. Gertler
- Andrea Prestipino
- Todd Keister
- Daniel R. Sanches
- Thomas Philippon
- Luca Dedola
- Javier Bianchi
Citations in the corpus
- The impact of Treasury supply on financial sector lending and stability (2015, unknown): “Holmstrom and Tirole (2011) show that when there is a shortage of government supplied liquid assets, a liquidity premium arises which induces the private sector to invest in projects that generate liquid assets.”
- Limits to arbitrage during the crisis: funding liquidity constraints and covered interest parity (2011, unknown): “More generally, Brunnermeier (2009) and Pedersen (2009) illustrate the role of insufficient liquidity in aggravating of the financial crisis.”
- Rethinking Macroeconomic Policy (2010, unknown): “Thus, it can, and indeed probably should, step in and be ready to replace private investors, if need be (Holmstrom and Tirole 2008).”
- Liquidity and the Threat of Fraudulent Assets (2011, unknown): “Taken together, (12) and (13) imply the following bounds on asset prices:”
- Leverage, Moral Hazard and Liquidity (2010, unknown): “Hence, we view our work as complementary to that of Bolton et al (2008).”
- The Role of Liquidity in Financial Crises (2008, unknown): “Bolton, Santos and Scheinkman (2008) have provided an interesting theory of liquidity provision with asymmetric information.”
- Should Central Banks Issue Digital Currency? (2019, background): “In this case, equation (17) is unchanged but equation (16) (9)Some authors use pseudosnymity rather than anonymity to refer to a system in which individuals can use pseudonyms rather than their actual identities to hold and transfer assets.”
- Wholesale Banking and Bank Runs in Macroeconomic Modeling of Financial Crises (2016, background): “aw Some efforts to address this issue include Krishnamurthy (2003), Di Tella (2014), Gertler et al.”