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Liquidity, business cycles, and monetary policy
Kiyotaki, Nobuhiro; Moore, John - 2012
Persistent link: https://www.econbiz.de/10009526849
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2002 Lawrence R. Klein lecture liquidity and asset prices
Kiyotaki, Nobuhiro; Moore, John - In: International economic review 46 (2005) 2, pp. 317-350
Persistent link: https://www.econbiz.de/10002957627
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Financial deepening
Kiyotaki, Nobuhiro; Moore, John - In: Journal of the European Economic Association 3 (2005) 2/3, pp. 701-713
Persistent link: https://www.econbiz.de/10003018199
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Balance-sheet contagion
Kiyotaki, Nobuhiro; Moore, John - In: The American economic review 92 (2002) 2, pp. 46-50
Persistent link: https://www.econbiz.de/10001705514
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Evil is the root of all money
Kiyotaki, Nobuhiro; Moore, John - In: The American economic review 92 (2002) 2, pp. 62-66
Persistent link: https://www.econbiz.de/10001705530
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Credit cycles
Kiyotaki, Nobuhiro - In: Journal of political economy 105 (1997) 2, pp. 211-248
Persistent link: https://www.econbiz.de/10001215936
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Credit cycles
Kiyotaki, Nobuhiro; Moore, John - 1995
Persistent link: https://www.econbiz.de/10000906279
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Credit cycles
Kiyotaki, Nobuhiro; Moore, John - 1995
Persistent link: https://www.econbiz.de/10000906285
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A cost of unified currency
Kiyotaki, Nobuhiro; Moore, John - 2003
Persistent link: https://www.econbiz.de/10001769588
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Liquidity, Business Cycles, and Monetary Policy
Kiyotaki, Nobuhiro - 2012
The paper presents a model of a monetary economy where there are differences in liquidity across assets. Money circulates because it is more liquid than other assets, not because it has any special function. There is a spectrum of returns on assets, reflecting their differences in liquidity. The...
Persistent link: https://www.econbiz.de/10013108309