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

Liquidity is a key consideration in financial markets, especially in times of financial crises. For this reason …, regulations aiming at ensuring funding liquidity or, in general, reducing certain risky positions have the side effect of reducing … market liquidity. To understand this effect, we extend a standard general equilibrium model with transaction costs of trading …

Maintaining an optimal level of liquidity remains a crucial agenda for firms to minimise liquidity risks. Therefore …, the study aims to identify the drivers of liquidity by utilizing firm-level data of 1,544 microfinance institutions (MFIs … have a positive effect on the liquidity of MFIs, while gender diversity at the board level, operational self …

-in-advance economy. Liquidity transformation by banks increases aggregate consumption and investment relative to a cash-only economy but … can also lead to inefficient overinvestment. Furthermore, liquidity transformation can lead to multiple steady … 'liquidity trap', in which nominal bond rates equal zero and banks are indifferent between holding bonds and reserves. Whether …