Thomas Eisenbach and Sebastian Infante
Over the last decade, the concept of “safe assets” has received increasing attention, from regulators and private market participants, as well as researchers. This attention has led to the uncovering of some important details and nuances of what makes an asset “safe” and why it matters. In this blog post, we ……………………
http://libertystreeteconomics.newyorkfed.org/2017/11/what-makes-a-safe-asset-safe.html