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Credit cycles

Kiyotaki, Nobuhiro - In: Journal of political economy 105 (1997) 2, pp. 211-248

Persistent link: https://www.econbiz.de/10001215936

A cost of unified currency

Kiyotaki, Nobuhiro; Moore, John - 2003

Persistent link: https://www.econbiz.de/10001769588

2002 Lawrence R. Klein lecture liquidity and asset prices

Kiyotaki, Nobuhiro; Moore, John - In: International economic review 46 (2005) 2, pp. 317-350

Persistent link: https://www.econbiz.de/10002957627

Financial deepening

Kiyotaki, Nobuhiro; Moore, John - In: Journal of the European Economic Association 3 (2005) 2/3, pp. 701-713

Persistent link: https://www.econbiz.de/10003018199

Liquidity, Business Cycles, and Monetary Policy

Kiyotaki, Nobuhiro - 2012

The paper presents a model of a monetary economy where there are differences in liquidity across assets. Money circulates because it is more liquid than other assets, not because it has any special function. There is a spectrum of returns on assets, reflecting their differences in liquidity. The...

Persistent link: https://www.econbiz.de/10013108309