On the Macroeconomics of Asset Shortages
NBER Working Paper No. 12753
---- Acknowledgments ----
Correspondence: email@example.com. These notes were prepared for the 4th ECB Central Banking Conference on "The Role of Money: Money and Monetary Policy in the Twenty-first Century," Frankfurt, November 2006. I thank George-Marios Angeletos, Olivier Blanchard, Arvind Krishnamurthy, Leonid Kogan and conference participants for their comments. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.