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  • DIW Roundup 3 / 2014

    The Safe Asset Controversy: Policy Implications after the Crisis

    Safe assets are the lubricant of the financial system. They serve as a store of value, to meet regulatory requirements, and as a pricing benchmark. Some researchers identify a severe and chronic global safe asset shortage; others disagree, while empirical evidence remains ambiguous. In the post-Lehman world, the availability of safe assets entails new policy challenges. While still a potential source ...

    2014| Christoph Große Steffen
81 results, from 81