Karilaid, Ivo; Talpsepp, Tõnn; Vaarmets, Tarvo - In: Baltic journal of economics 14 (2014) 1/2, pp. 35-54
This paper provides a more thorough empirical examination of the development and determinants of the liquidity position in the financial sector during the last financial crisis in the Baltic-Nordic region, which takes into consideration the whole economic cycle. The current study serves as an...