Showing 1 - 10 of 24
Persistent link: https://www.econbiz.de/10001370088
Persistent link: https://www.econbiz.de/10001378509
Persistent link: https://www.econbiz.de/10001846122
This paper analyses the effects of open market operations on interest rates in a model in which agents must pay a fixed cost to exchange assets and cash. Asset markets are endogenously segmented in that some agents choose to pay the fixed cost and some do not. When the fixed cost is zero, the...
Persistent link: https://www.econbiz.de/10013232897
Persistent link: https://www.econbiz.de/10003860413
Persistent link: https://www.econbiz.de/10003545983
Persistent link: https://www.econbiz.de/10003311308
Persistent link: https://www.econbiz.de/10003744842
This paper analyses the effects of open market operations on interest rates in a model in which agents must pay a fixed cost to exchange assets and cash. Asset markets are endogenously segmented in that some agents choose to pay the fixed cost and some do not. When the fixed cost is zero, the...
Persistent link: https://www.econbiz.de/10012471741
Persistent link: https://www.econbiz.de/10000988578