{"description":"\u30a4\u30a7\u30fc\u30eb\u306eAlan Moreira\u3068NYU\u306eAlexi Savov\u304c\u300cThe Macroeconomics of Shadow Banking\u300d\u3068\u3044\u3046NBER\u8ad6\u6587\u3092\u66f8\u3044\u3066\u3044\u308b\uff08ungated\u7248\u3001\u521d\u7a3f\uff09\u3002\u4ee5\u4e0b\u306f\u305d\u306e\u8981\u65e8\u3002 We build a macroeconomic model that centers on liquidity transformation in the financial sector. Intermediaries maximize liquidity creation by issuing securities that are money-like in norma\u2026","version":"1.0","author_url":"https://blog.hatena.ne.jp/himaginary/","author_name":"himaginary","height":"190","html":"<iframe src=\"https://hatenablog-parts.com/embed?url=https%3A%2F%2Fhimaginary.hatenablog.com%2Fentry%2F20140729%2FThe_Macroeconomics_of_Shadow_Banking\" title=\"\u30b7\u30e3\u30c9\u30a6\u30d0\u30f3\u30ad\u30f3\u30b0\u306e\u30de\u30af\u30ed\u7d4c\u6e08\u5b66 - himaginary\u2019s diary\" class=\"embed-card embed-blogcard\" scrolling=\"no\" frameborder=\"0\" style=\"display: block; width: 100%; height: 190px; max-width: 500px; margin: 10px 0px;\"></iframe>","blog_title":"himaginary\u2019s diary","width":"100%","url":"https://himaginary.hatenablog.com/entry/20140729/The_Macroeconomics_of_Shadow_Banking","provider_name":"Hatena Blog","published":"2014-07-29 00:00:00","categories":["\u7d4c\u6e08"],"title":"\u30b7\u30e3\u30c9\u30a6\u30d0\u30f3\u30ad\u30f3\u30b0\u306e\u30de\u30af\u30ed\u7d4c\u6e08\u5b66","image_url":null,"provider_url":"https://hatena.blog","blog_url":"https://himaginary.hatenablog.com/","type":"rich"}