Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/309381 
Authors: 
Year of Publication: 
2020
Citation: 
[Journal:] Finance and Society [ISSN:] 2059-5999 [Volume:] 6 [Issue:] 1 [Year:] 2020 [Pages:] 67-75
Publisher: 
University of Edinburgh, Edinburgh
Abstract: 
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.
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

Files in This Item:
File
Size
232.83 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.