Showing 1 - 10 of 38
Persistent link: https://www.econbiz.de/10001338633
Persistent link: https://www.econbiz.de/10001256792
Persistent link: https://www.econbiz.de/10001179518
Persistent link: https://www.econbiz.de/10001084805
Persistent link: https://www.econbiz.de/10012026867
Persistent link: https://www.econbiz.de/10011392276
Persistent link: https://www.econbiz.de/10011586617
We endogenize the liquidity and the quality of private assets in a tractable incomplete-market model with heterogeneous agents. The model decomposes the convenience yield of government bond into a "liquidity premium" (flight to liquidity) and a "safety premium" (flight to quality) over the...
Persistent link: https://www.econbiz.de/10011780935
Persistent link: https://www.econbiz.de/10001547502
Persistent link: https://www.econbiz.de/10001974839