Liquidity, Monetary Policy, and the Financial Crisis: A New Monetarist Approach
By Stephen D. Williamson. 2012
246 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/b546246fb14f54fd39d807f537a75f2226ef6886
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Randall Wright
- Ricardo Lagos
- Guillaume Rocheteau
- Daniel R. Sanches
- M. Amir
- M. Di
- K. Ramcharan
- Todd Keister
In Finance
- Guillaume Rocheteau
- Randall Wright
- M. Amir
- Daniel R. Sanches
- M. Di
- K. Ramcharan
- Todd Keister
- Ricardo Lagos
Citations in the corpus
- Liquidity: A New Monetarist Perspective (2017, background): “Williamson (2012,2013,2014) has models where banks design contracts like Diamond-Dybvig, incorporating multiple assets and private information.”
- Monetary Policy Pass-Through: Household Consumption and Voluntary Deleveraging (2014, background): “Second, as shown by Zeldes (1989a) and Aiyagari (1994), the borrowers hit by worst wealth shocks are those that react most strongly to the cash flow shock.”
- A shadow rate New Keynesian model (2016, unknown): “Gertler and Karadi (2011), Williamson (2012), and Del Negro et al. (2016) evaluate central banks’ liquidity provision, along the lines of lending facilities.”
- How Quantitative Easing Works: Evidence on the Refinancing Channel (2016, unknown): “12See also Bernanke and Blinder (1988), Christiano and Eichenbaum (1992), Gomez et al. (2017), Stein (2012), and Williamson (2012). of monetary policy, e.g., Doepke and Schneider (2006), Fuster and Willen (2010), Coibion et al. (2017), and Sterk and Tenreyro (2016).”
- Open market operations (2018, unknown): “…Xiao () OMO’s May 15, 2015 2 / 32 NM surveys: Williamson & Wright (2010), Nosal & Rocheteau (2011), Lagos et al (2014) Related monetary policy analyses: Williamson (2012,2013), Rocheteau & Rodriguez-Lopez (2013), Dong & Xiao (2014), Han (2014) McAndrews (May 8 speech): The Swiss National Bank,…”
- QE 1 vs. 2 vs. 3. . . : A Framework for Analyzing Large-Scale Asset Purchases as a Monetary Policy Tool (2013, unknown): “ = + + (log ∗ − log ) + (39)”
- Should Central Banks Issue Digital Currency? (2019, background): “In this section, we describe the physical environment, which builds on Lagos and Rocheteau (2008) and Williamson (2012), among others.”