This study investigates the relationship between stock liquidity and frm innovation for publicly traded growing small … demonstrate a signifcant positive relationship between stock liquidity and both innovation input, as measured by R&D investments … results. Increased liquidity enhances SMEs' innovation mainly by alleviating fnancial constraints, whereas the mediating efect …

Eurosystem against non-HQLA collateral. This paper quantifies the extent of this liquidity transformation and finds that on … intentional liquidity transformation using two novel approaches: The first approach compares the liquidity profile of already … pledged vs new collateral, and the second approach compares the liquidity profile of the pool of pledged securities with banks …

. Such liquidity effects can severely reduce the ability or willingness to pay of private investors in the household sector …