Tag Archives: US Treasuries

Should the US be issuing more short-term debt?

As a follow up to yesterday’s post on short term debt, treasuries and financial crises, I wanted to highlight this paper by Greenwood, Hanson, & Stein that argues that the government should issue more short-term debt to discourage short-term money creation … Continue reading

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Short-term Debt, the Supply of US Treasuries, and Financial Crises

Annette Vissing-Jorgensen and  Arvind Krishnamurthy have an interesting new paper that Annette presented at Berkeley yesterday. It’s a nice example of using a simple, tractable model to understand a very important issue – the demand for safe and liquid short-term … Continue reading

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