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A conference on liquidity in frictional markets

Author

Listed:
  • Joseph G. Haubrich
  • Guillaume Rocheteau
  • Pierre-Olivier Weill
  • Randall Wright

Abstract

This Policy Discussion Paper summarizes the papers that were presented at the Liquidity in Frictional Markets conference in November 2008. The papers, which looked at markets for assets as diverse as houses, bank loans, and electronic funds transfer, all explored that amorphous concept called liquidity and how its presenceor absenceaffects the economy.

Suggested Citation

  • Joseph G. Haubrich & Guillaume Rocheteau & Pierre-Olivier Weill & Randall Wright, 2009. "A conference on liquidity in frictional markets," Policy Discussion Papers, Federal Reserve Bank of Cleveland, issue May.
    • Handle: RePEc:fip:fedcpd:y:2009:i:may:n:26
    as

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    File URL: https://fraser.stlouisfed.org/scribd/?item_id=495659&filepath=/docs/historical/frbclev/pdp/frbclv_pdp_200905_026.pdf
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    File URL: http://www.clevelandfed.org/Research/PolicyDis/PDP26.pdf
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