Comment on "Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity"
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Jean TiroleJean Tirole is scientific director of the Institute for Industrial Economics (IDEI), a research institute funded through research grants by a variety of private and public sources. These can be found at http://idei.fr/ (see below). He chairs the board of the Toulouse School of Economics (TSE http://www.tse-fr.eu/ ) and the executive committee of the Institute for Advanced Study in Toulouse (IAST http://www.iast.fr/ ). He is also a member of the French Prime Minister's Council of Economic Advisors (CAE http://www.cae-eco.fr/ )
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