What Makes a Safe Asset Safe?
Abstract: Over the last decade, the concept of ?safe assets? has received increasing attention, from regulators and private market participants, as well as researchers. This attention has led to the uncovering of some important details and nuances of what makes an asset ?safe? and why it matters. In this blog post, we provide a review of the different aspects of safe assets, discuss possible reasons why they may be beneficial for investors, and give concrete examples of what these assets are in practice.
JEL Classification: G1;
File(s): File format is text/html https://libertystreeteconomics.newyorkfed.org/2017/11/what-makes-a-safe-asset-safe.html
Provider: Federal Reserve Bank of New York
Part of Series: Liberty Street Economics
Publication Date: 2017-11-27