Turnover Liquidity and the Transmission of Monetary Policy

Thumbnail

Event details

Date 25.11.2016
Hour 10:3012:00
Speaker Shengxing ZHANG (LSE)
Location
Category Conferences - Seminars
We provide empirical evidence of a novel liquidity-based transmission mechanism through which monetary policy influences asset markets, develop a model of this mechanism, and assess the ability of the quantitative theory to match the evidence.