Self-Insurance and the Risk-Sharing Role of Money

Overcoming the lack of coincidence of wants is a well-acknowledged role of money. In this review, I illustrate that the use of money also promotes risk-sharing in the society: when individuals hold money, it helps other individuals mitigate their own liquidity risks

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Year of publication:	2020
Authors:	Wong, Russell
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Risiko \| Risk \| Geldpolitik \| Monetary policy

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Extent:	1 Online-Ressource (18 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economic Quarterly, Issue 1Q, pp. 35-52, 2018 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2018 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012851528