Turnover Liquidity and the Transmission of Monetary Policy 公开 Deposited

Creator Series Issue number
  • 734
Date Created
  • 2018-09-20
Abstract
  • We provide empirical evidence of a novel liquidity-based transmission mechanism through which monetary policy influences asset markets, develop a model of this mechanism, and assess the ability of the quantitative theory to match the evidence.

Subject (JEL) 关键词 Corporate Author
  • Federal Reserve Bank of Minneapolis. Research Department
Publisher
  • Federal Reserve Bank of Minneapolis
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