Essays on banking and finance
The first chapter studies how two different financial institutions-- asset markets and financial intermediaries-- allow consumers to allocate their resources over a period and provide liquidity to them when facing liquidity preference shocks and random returns on illiquid assets. For that purpose, a...
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University of Kent
2017
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Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.733274 |