Showing 1 - 10 of 21
This is a survey of the literature on liquidity provision through banks. I first formulate the basic model underlying … provision through banks and markets. Then I turn to liquidity provision on the asset side of banks' balance sheets and conclude … the modern literature on liquidity provision for households and then introduce the more recent literature on liquidity …
Persistent link: https://www.econbiz.de/10005650131
This survey reviews the economic thoughts about what and why do institutional market players lose because of the existing market frictions and particular financial market microstructures compared to walrasian markets. Within a unified microeconomic framework, we introduce the most common...
Persistent link: https://www.econbiz.de/10010494600
Persistent link: https://www.econbiz.de/10000856549
Persistent link: https://www.econbiz.de/10000866322
Persistent link: https://www.econbiz.de/10000744555
Persistent link: https://www.econbiz.de/10000871422
This survey reviews the economic thoughts about what and why do institutional market players lose because of the existing market frictions and particular financial market microstructures compared to walrasian markets. Within a unified microeconomic framework, we introduce the most common...
Persistent link: https://www.econbiz.de/10010402552
Persistent link: https://www.econbiz.de/10001283194
Persistent link: https://www.econbiz.de/10001207018
Persistent link: https://www.econbiz.de/10001510425