Money and Liquidity
John Hardman Moore outlines his joint research with Nobu Kiyotaki on the macroeconomic questions to do with the nature of money and liquidity, and the interplay between the financial system and the aggregate economy.
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Paper provided by Scottish Institute for Research in Economics (SIRE) in its series SIRE Focus Papers
Date of creation:
2009Date of revision:
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Related researchKeywords: liquidity
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- Stracca, Livio, 2007.
"Should we take inside money seriously?,"
Working Paper Series
0841, European Central Bank.
- Douglas W. Diamond & Raghuram G. Rajan, 2003.
"Liquidity Shortages and Banking Crises,"
NBER Working Papers
10071, National Bureau of Economic Research, Inc.
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