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Ashcraft et al., 2011 - Google Patents

Two monetary tools: Interest rates and haircuts

Ashcraft et al., 2011

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Document ID
2382428900815847775
Author
Ashcraft A
Garleanu N
Pedersen L
Publication year
Publication venue
NBER Macroeconomics Annual

External Links

Snippet

If it is known that the Bank of England is freely advancing on what in ordinary times is reckoned a good security—on what is then commonly pledged and easily convertible—the alarm of the solvent merchants and bankers will be stayed.—Walter Bagehot (1873, 198) …
Continue reading at www.journals.uchicago.edu (PDF) (other versions)

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