{"title":"自我保险与货币的风险分担作用","authors":"Russell Wong","doi":"10.21144/eq1040102","DOIUrl":null,"url":null,"abstract":"Overcoming the lack of coincidence of wants is a well-acknowledged role of money. In this review, I illustrate that the use of money also promotes risk-sharing in the society: when individuals hold money, it helps other individuals mitigate their own liquidity risks.","PeriodicalId":186638,"journal":{"name":"Federal Reserve Bank of Richmond Research Publications","volume":"86 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2018-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Self-Insurance and the Risk-Sharing Role of Money\",\"authors\":\"Russell Wong\",\"doi\":\"10.21144/eq1040102\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Overcoming the lack of coincidence of wants is a well-acknowledged role of money. In this review, I illustrate that the use of money also promotes risk-sharing in the society: when individuals hold money, it helps other individuals mitigate their own liquidity risks.\",\"PeriodicalId\":186638,\"journal\":{\"name\":\"Federal Reserve Bank of Richmond Research Publications\",\"volume\":\"86 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2018-08-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Federal Reserve Bank of Richmond Research Publications\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.21144/eq1040102\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Federal Reserve Bank of Richmond Research Publications","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.21144/eq1040102","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Overcoming the lack of coincidence of wants is a well-acknowledged role of money. In this review, I illustrate that the use of money also promotes risk-sharing in the society: when individuals hold money, it helps other individuals mitigate their own liquidity risks.
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