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Monetary exchange in over-the-counter markets : a theory of speculative bubbles, the Fed model, and self-fulfilling liquidity crises

Lagos, Ricardo; Zhang, Shengxing - 2015

Persistent link: https://www.econbiz.de/10011349390

A monetary model of bilateral over-the-counter markets

Lagos, Ricardo; Zhang, Shengxing - 2018

Persistent link: https://www.econbiz.de/10011978003

Trade Dynamics in the Market for Federal Funds

Afonso, Gara; Lagos, Ricardo - In: Econometrica : journal of the Econometric Society, an … 83 (2015) 1, pp. 263-313

Persistent link: https://www.econbiz.de/10011338365

Liquidity in asset markets with search frictions

Lagos, Ricardo; Rocheteau, Guillaume - In: Econometrica : journal of the Econometric Society, an … 77 (2009) 2, pp. 403-426

Persistent link: https://www.econbiz.de/10003841254

The over-the-counter theory of the fed funds market : a primer

Afonso, Gara; Lagos, Ricardo - 2014

Persistent link: https://www.econbiz.de/10010360060

The over-the-counter theory of the fed funds market : a primer

Afonso, Gara; Lagos, Ricardo - 2013

We present a dynamic over-the-counter model of the fed funds market, and use it to study the determination of the fed funds rate, the volume of loans traded, and the intraday evolution of the distribution of reserve balances across banks. We also investigate the implications of changes in the...

Persistent link: https://www.econbiz.de/10010227278