Banks as Secret Keepers
Banks as Secret Keepers
About this item
Full title
Author / Creator
Publisher
Nashville: American Economic Association
Journal title
Language
English
Formats
Publication information
Publisher
Nashville: American Economic Association
Subjects
More information
Scope and Contents
Contents
Banks produce short-term debt for transactions and storing value. The value of this debt must not vary over time so agents can easily trade it at par like money. To produce money-like safe liquidity, banks keep detailed information about their loans secret, reducing liquidity if needed to prevent agents from producing costly private information abo...
Alternative Titles
Full title
Banks as Secret Keepers
Authors, Artists and Contributors
Author / Creator
Identifiers
Primary Identifiers
Record Identifier
TN_cdi_proquest_miscellaneous_1891441239
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1891441239
Other Identifiers
ISSN
0002-8282
E-ISSN
1944-7981
DOI
10.1257/aer.20140782
