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April 20, 2012

Inside Liquidity in Competitive Markets

In CPB Discussion Paper 209 we study incentives of financial intermediaries to reserve liquidity given that they can rely on the interbank market for their liquidity needs.

No title
April 20, 2012

Inside Liquidity in Competitive Markets

In CPB Discussion Paper 209 we study incentives of financial intermediaries to reserve liquidity given that they can rely on the interbank market for their liquidity needs.

No title