Turnover Liquidity and the Transmission of Monetary Policy

Shengxing Zhang and Ricardo Lagos

No 1569, 2016 Meeting Papers from Society for Economic Dynamics

Abstract: In this paper we document a novel liquidity-based transmission mechanism through which monetary policy influences asset markets, we develop a model of this mechanism, and use a quantitative version to assess the ability of the theory to match the evidence.

Date: 2016
New Economics Papers: this item is included in nep-cba, nep-dge, nep-mac and nep-mon
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Turnover Liquidity and the Transmission of Monetary Policy (2020)
Working Paper: Turnover liquidity and the transmission of monetary policy (2020)
Working Paper: Turnover Liquidity and the Transmission of Monetary Policy (2018)
Working Paper: Turnover Liquidity and the Transmission of Monetary Policy (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed016:1569

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