The Role of Insurance in Ensuring Financial Market Liquidity

被引:0
|
作者
Philippe Trainar
机构
[1] Economist,
[2] Fédeération Francaise des Sociéteés d'Assurances,undefined
来源
The Geneva Papers on Risk and Insurance - Issues and Practice | 2001年 / 26卷
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摘要
In the last 20 years, economists and financial analysts have reacted to Keynesian and post-Keynesian analyses by turning away from macro-economics or by focusing more narrowly on inflation and structural factors, rather than on liquidity. At the same time, they have not really called into question the basic assumptions of the Keynesian paradigm, according to which the central bank controls economic liquidity by controlling money supply.
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页码:346 / 359
页数:13
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