NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Two Monetary Tools: Interest Rates and Haircuts

Adam Ashcraft, Nicolae Gârleanu, Lasse Heje Pedersen

Chapter in NBER book NBER Macroeconomics Annual 2010, Volume 25 (2011), Daron Acemoglu and Michael Woodford, editors (p. 143 - 180)
Conference held April 9-10, 2010
Published in May 2011 by University of Chicago Press
© 2011 by the National Bureau of Economic Research
in NBER Book Series NBER Macroeconomics Annual

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This paper was revised on January 2, 2014

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Document Object Identifier (DOI): 10.1086/657530

This chapter first appeared as NBER working paper w16337, Two Monetary Tools: Interest Rates and Haircuts, Adam Ashcraft, Nicolae Gârleanu, Lasse Heje Pedersen
Commentary on this chapter:
  Comment, Tobias Adrian, Erkko Etula
  Comment, Michael Woodford
  Discussion,
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