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Conference Paper
Liquidity and fire sales - discussion
Kashyap, Anil K.
(2005)
Proceedings
Conference Paper
Heterogeneous beliefs, trading risk, and the equity premium
David, Alexander
(2005)
Proceedings
Conference Paper
Liquidity and fire sales
LeRoy, Stephen F.; Kelly, David L.
(2005)
A ?fire sale? occurs when the owner of a good offers it for sale at a price strictly below the price that some buyers would willingly pay for the good. He does so because the advantage of the quick sale made possible by the lower price outweighs the higher price that other potential buyers would pay, given the likely delay in locating these buyers in the latter case. Fire sales can occur only in illiquid markets. This paper generalizes earlier treatments of illiquid markets by assuming that the asset can be offered for sale at any time, rather than only after its owner loses his capacity to ...
Proceedings
Conference Paper
Financial institution strategic planning for retail services
Phelps, James G.
(1980)
Proceedings
Conference Paper
Pass-through of exchange rates and competition between Mexico and China
Bergin, Paul R.; Feenstra, Robert C.
(2008)
Proceedings
Conference Paper
Trade adjustment and the composition of trade
Gust, Christopher J.; Guerrieri, Luca; Erceg, Christopher J.
(2005)
Proceedings
Conference Paper
The declining equity premium: what role does macroeconomic risk play?
Lettau, Martin; Wachter, Jessica A.; Ludvigson, Sydney
(2005)
Proceedings
Conference Paper
International influences on domestic prices and activities: a FAVAR approach to open economy
Surico, Paolo; Mumtaz, Haroon
(2008)
Proceedings
Conference Paper
Modeling the disaggregated demands for M2 and M1: the U.S. experience in the 1980s
Porter, Richard D.; Small, David H.; Moore, George R.
(1990)
Proceedings
Conference Paper
A note on theories of money stock determination
Hetzel, Robert L.
(1993)
Proceedings
, Paper 1, pt. 1
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