A monetary mechanism for sharing capital: Diamond and Dybvig meet Kiyotaki and Wright

• 1 November 2004
• journal article
• research article
• Published by Springer Nature in Economic Theory
• Vol. 24  (4) , 769-788
• https://doi.org/10.1007/s00199-004-0493-5

Abstract

Keywords

• INSIDE MONEY
• CAPITAL INTERMEDIATION
• BANK DEPOSITS
• LIQUIDITY
• MATCHING MODEL.