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isPartOf:"Knut Wicksell als Ökonom"
~isPartOf:"Bundesbank Series 1 Discussion Paper"
~isPartOf:"NBER working paper series"
~person:"Zhang, Shengxing"
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Turnover Liquidity and the Transmission of Monetary Policy
Lagos, Ricardo
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2018
We provide empirical evidence of a novel liquidity-based transmission mechanism through which monetary policy influences asset markets, develop a model of this mechanism, and assess the ability of the quantitative theory to match the evidence
Persistent link: https://www.econbiz.de/10012480757
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