Essays on banking and finance

The first chapter studies how two different financial institutions-- asset markets and financial intermediaries-- allow consumers to allocate their resources over a period and provide liquidity to them when facing liquidity preference shocks and random returns on illiquid assets. For that purpose, a...

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Bibliographic Details
Main Author: Yang, Jungu
Other Authors: Chadha, Jagjit S.
Published: University of Kent 2017
Subjects:
330
Online Access:https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.733274