Rethinking liquidity
A critical macro-finance view
Datos Bibliográficos
| ID | 4495161 |
|---|---|
| Autores | Fabian Pape (0000-0003-1904-564X, University of Warwick, autor de correspondencia) |
| Año | 2020 |
| Volumen | 6 |
| Número | 1 |
| Páginas | 67-75 |
| Fecha de publicación | 2020-01-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Finance and Society (JOURNAL) |
| Identificadores de la revista | ISSN: 2059-5999 • E-ISSN: 2059-5999 |
| Editorial | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.2218/finsoc.v6i1.4410 |
| OpenAlex | W3033022035 |
| Idioma | EN |
| Citas recibidas | 9 |
| Referencias citadas | 27 |
This forum contribution critically rethinks the macro-financial approach to liquidity by focusing more explicitly on its public-private hybrid dimension. To do so, it introduces the notion of a 'liquidity regime': a heuristic device aimed at tracking the ensemble of social relations and institutions that govern the coherence of the payments system at any given time. A key insight that emerges from this approach is that the ability to make markets and access liquidity is never neutral or apolitical. What requires closer attention, therefore, is precisely how the interaction between public authorities and private market participants affords some actors greater leverage in shaping the financial system
Business · Economics · Financial instrument · Liquidity crisis · Liquidity risk · Macro · Market liquidity · Payment · Banking stability, regulation, efficiency · Computer Science · Economic Theory and Policy · Housing, Finance, and Neoliberalism · Finance
UK pension funds’ patience and liquidity in the age of market-based finance
Why didn’t Europe securitise more? The institutionalisation of covered bonds as an efficient instrument for financialisation
Governing Global Liquidity
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The art of leverage
The (impossible) repo trinity
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Against (the idea of) financial markets
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Macro-finance and the financialisation of economic policy
Critical macro-finance
What is money in a critical macro-finance framework
Contingency and Foundation
Central banking and the infrastructural power of finance
The Pragmatic Sources of Modern Power
The Limits of the State
Topologies of Power
Repurchase agreements and the (de)construction of financial markets
Formal institution building in financialized capitalism
| Obras citantes distintas | 9 |
|---|---|
| Citas por año | 1,5 |
| Intervalo de citas | 2020 - 2025 (6) |
| Velocidad de citación | recent |
| Altamente citado | No |
| Tipos de cita | Neutras: 9 |