Sukjoon Lee
Biographic Data
| ID | 5869224 |
|---|---|
| NAME | Sukjoon Lee |
| GIVEN NAMES | Sukjoon |
| FAMILY NAME | Lee |
| SIGNATURE | LEE S |
| AFFILIATIONS | New York University |
| ORCID | 0000-0001-7737-077X |
| VERIFIED | Yes |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2022 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 0 |
Asset Safety versus Asset Liquidity
Many economists assume that safer assets are more liquid, and some have practically used "safe" and "liquid" as synonyms. But these terms are not synonyms, and mixing them up can lead to confusion and wrong policy recommendations. We build a multiasset model where an asset's safety and liquidity are well defined and distinct, and we examine their relationship in general equilibrium. We show that the common belief that "safety implies liquidity" i…
No prominent works on this page.
Asset Safety versus Asset Liquidity
Many economists assume that safer assets are more liquid, and some have practically used "safe" and "liquid" as synonyms. But these terms are not synonyms, and mixing them up can lead to confusion and wrong policy recommendations. We build a multiasset model where an asset's safety and liquidity are well defined and distinct, and we examine their relationship in general equilibrium. We show that the common belief that "safety implies liquidity" i…
Actuarial science (1 works) · Asset (computer security (1 works) · Banking stability, regulation, efficiency (1 works) · Business (1 works) · Computer Science (1 works) · Computer security (1 works) · Confusion (1 works) · Economic theories and models (1 works) · Economic Theory and Policy (1 works) · Economics (1 works)