Optimal liquidity policy with shadow banking
Year of publication: |
2019
|
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Authors: | Grochulski, Borys ; Zhang, Yuzhe |
Published in: |
Economic theory : official journal of the Society for the Advancement of Economic Theory. - Berlin : Springer, ISSN 0938-2259, ZDB-ID 1059110-2. - Vol. 68.2019, 4, p. 967-1015
|
Subject: | Maturity mismatch | Shadow banking | Mechanism design | Pecuniary externality | Private retrade | Liquidity regulation | Interest on reserves | Illiquid-asset tax | Theorie | Theory | Bankenliquidität | Bank liquidity | Informeller Finanzsektor | Informal finance | Geldpolitik | Monetary policy | Fälligkeit | Maturity | Bankenregulierung | Bank regulation | Externer Effekt | Externalities |
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