Zobrazeno 1 - 10
of 95
pro vyhledávání: '"Ricardo Lagos"'
Autor:
Ricardo Lagos Escobar
Publikováno v:
Anales de la Universidad de Chile. :25-33
Autor:
Ricardo Lagos, Shengxing Zhang
Publikováno v:
Econometrica. 90:1177-1204
We formulate a generalization of the traditional medium‐of‐exchange function of money in contexts where there is imperfect competition in the intermediation of credit, settlement, or payment services used to conduct transactions. We find that the
Publikováno v:
Estudios Internacionales, 2012 Jan 01. 44(171), 139-162.
Externí odkaz:
https://www.jstor.org/stable/41970584
Autor:
Shengxing Zhang, Ricardo Lagos
Publikováno v:
Review of Economic Dynamics. 33:205-227
We develop a model of monetary exchange in bilateral over-the-counter markets to study the effects of monetary policy on asset prices and financial liquidity. The theory predicts asset prices carry a speculative premium that reflects the asset's mark
Autor:
Ricardo Lagos, Héctor Aguilar Camín
«A través de las ideologías difícilmente vamos a avanzar en posiciones comunes. Latinoamérica tiene ciertas identidades propias, no ideológicas, desde las que puede hablar con una sola voz. Ésa es la voz que no existe, que desapareció en Amé
Autor:
Shengxing Zhang, Ricardo Lagos
We formulate a generalization of the traditional medium-of-exchange function of money in contexts where there is imperfect competition in the intermediation of credit, settlement, or payment services used to conduct transactions. We find that the op
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a37de0c27c65204b630bbccc4debd0ce
https://doi.org/10.3386/w26756
https://doi.org/10.3386/w26756
Publikováno v:
Journal of Economic Literature. 55:371-440
This essay surveys the new monetarist approach to liquidity. Work in this literature strives for empirical and policy relevance, plus rigorous foundations. Questions include: What is liquidity? Is money essential in achieving desirable outcomes? Whic
Autor:
Shengxing Zhang, Ricardo Lagos
We study the transmission of monetary policy in credit economies where money serves as a medium of exchange. We find that—in contrast to current conventional wisdom in policy-oriented research in monetary economics—the role of money in transactio
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::700e13d35258d9e88d904ab27722baef
https://doi.org/10.3386/w25803
https://doi.org/10.3386/w25803