A tale of fire-sales and liquidity hoarding
Download full text from publisher
Other versions of this item:
References listed on IDEAS
- Berentsen, Aleksander & Molico, Miguel & Wright, Randall, 2002.
"Indivisibilities, Lotteries, and Monetary Exchange,"
Journal of Economic Theory,
Elsevier, vol. 107(1), pages 70-94, November.
- Berentsen, Aleksander & Molico, Miguel & Wright, Randall, 2002. "Indivisibilities, Lotteries, and Monetary Exchange," MPRA Paper 68582, University Library of Munich, Germany.
- Chatterjee, Satyajit & Corbae, Dean, 1995. "Valuation Equilibria with Transactions Costs," American Economic Review, American Economic Association, vol. 85(2), pages 287-290, May.
- Peter Diamond, 1990. "Pairwise Credit in Search Equilibrium," The Quarterly Journal of Economics, Oxford University Press, vol. 105(2), pages 285-319.
- Viral V. Acharya & Ouarda Merrouche, 2013.
"Precautionary Hoarding of Liquidity and Interbank Markets: Evidence from the Subprime Crisis,"
Review of Finance,
European Finance Association, vol. 17(1), pages 107-160.
- Viral V. Acharya & Ouarda Merrouche, 2010. "Precautionary Hoarding of Liquidity and Inter-Bank Markets: Evidence from the Sub-prime Crisis," NBER Working Papers 16395, National Bureau of Economic Research, Inc.
- Viral Acharya & Ouarda Merrouche, 2013. "Precautionary Hoarding of Liquidity and the Interbank Markets: Evidence from the Sub-Prime Crisis," Post-Print hal-01638078, HAL.
- Acharya, Viral V & Merrouche, Ouarda, 2012. "Precautionary hoarding of liquidity and inter-bank markets: Evidence from the sub-prime crisis," CEPR Discussion Papers 8859, C.E.P.R. Discussion Papers.
- Rogerson, Richard, 1988. "Indivisible labor, lotteries and equilibrium," Journal of Monetary Economics, Elsevier, vol. 21(1), pages 3-16, January.
- Philip H. Dybvig & Douglas W. Diamond, 2000. "Bank runs, deposit insurance, and liquidity," Quarterly Review, Federal Reserve Bank of Minneapolis, issue win, pages 14-23.
- Berentsen, Aleksander & Rocheteau, Guillaume, 2002.
"On the efficiency of monetary exchange: how divisibility of money matters,"
Journal of Monetary Economics,
Elsevier, vol. 49(8), pages 1621-1649, November.
- Aleksander Berentsen & Guillaume Rocheteau, "undated". "On the Efficiency of Monetary Exchange:How Divisibility of Money Matters," IEW - Working Papers 101, Institute for Empirical Research in Economics - University of Zurich.
- Gara Afonso & Anna Kovner & Antoinette Schoar, 2011.
"Stressed, Not Frozen: The Federal Funds Market in the Financial Crisis,"
Journal of Finance,
American Finance Association, vol. 66(4), pages 1109-1139, August.
- Antoinette Schoar & Anna Kovner & Gara M. Afonso, 2010. "Stressed, not frozen: the Federal Funds market in the financial crisis," Staff Reports 437, Federal Reserve Bank of New York, revised 01 May 2011.
- Shell, Karl & Wright, Randall, 1993.
"Indivisibilities, Lotteries, and Sunspot Equilibria,"
Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(1), pages 1-17, January.
- Karl Shell & Randall Wright, 1991. "Indivisibilities, lotteries, and sunspot equilibria," Staff Report 133, Federal Reserve Bank of Minneapolis.
- Karl Shell & Randall Wright, 2010. "Indivisibilities, Lotteries and Sunspot Equilibria," Levine's Working Paper Archive 2061, David K. Levine.
- Mathias Dewatripont & Jean Tirole, 1994. "The prudential regulation of banks," ULB Institutional Repository 2013/9539, ULB -- Universite Libre de Bruxelles.
More about this item
KeywordsFire-sales; lotteries; liquidity hoarding; interbank markets; indivisibility;
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-BAN-2014-02-15 (Banking)
- NEP-MST-2014-02-15 (Market Microstructure)
- NEP-SOG-2014-02-15 (Sociology of Economics)
StatisticsAccess and download statistics
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zur:econwp:139. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marita Kieser). General contact details of provider: http://edirc.repec.org/data/seizhch.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.