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Liquidity hoarding
Douglas Gale, Tanju Yorulmazer
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peer-review
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Economics, Econometrics and Finance
Incentives
100%
Bankruptcy
100%
Price Volatility
100%
Incomplete Market
100%
Allocative Efficiency
100%
Lender of Last Resort
100%
Keyphrases
Liquidity
100%
Liquidity Hoarding
100%
Hoarding
50%
Efficient Allocation
25%
Selling
25%
Lenders
25%
Contingent Claims
25%
Spot Market
25%
Incomplete Markets
25%
Asset Price Volatility
25%
Private Provision
25%
Bankruptcy
25%
Illiquid Assets
25%
Lender of Last Resort
25%