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
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2016/paper_1569.pdf (application/pdf)

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)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed016:1569

Access Statistics for this paper

More papers in 2016 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().