NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Comment on "Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity"

V. V. Chari

Chapter in forthcoming NBER book NBER Macroeconomics Annual 2013, Volume 28, Jonathan Parker and Michael Woodford, editors
Conference held April 12-13, 2013
Forthcoming from University of Chicago Press
in NBER Book Series NBER Macroeconomics Annual

---- Acknowledgements -----

I thank the National Science Foundation for financial support. The views expressed her are not those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System..

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