KARAS, A.; SCHOORS, K.; LANINE, G. - Faculteit Economie en Bedrijfskunde, Universiteit Gent - 2008
We suggest a new transmission channel of contagion on the interbank market, namely the liquidity channel. We apply this idea to the Russian banking sector and .nd that the liquidity channel contributes signi.cantly to a better understanding and prediction of actual interbank market crises....