THADDEN, Ernst-Ludwig VON - Départment d'économétrie et d'économie politique … - 2002
This is a survey of the literature on liquidity provision through banks. I first formulate the basic model underlying … the modern literature on liquidity provision for households and then introduce the more recent literature on liquidity … provision through banks and markets. Then I turn to liquidity provision on the asset side of banks' balance sheets and conclude …
