This paper tests the role of different banks� liquidity funding structures in explaining the bank failures that … recognizes that the new liquidity framework proposed by the Basel Committee on Banking Supervision appears to have the features … needed to strengthen banks� liquidity conditions and improve financial stability. Its correct implementation, together with …

take account of the systemic dimension of liquidity stress, standard portfolio theory is used. Three sub-indices, that …This paper introduces a coincident indicator of systemic liquidity risk in the Italian financial markets. In order to … reflect liquidity stress in specific market segments, are aggregated in the systemic liquidity risk indicator in the same way …

The paper analyses Islamic finance from the central bank and supervisory authority�s perspective, focusing on the … instruments, and liquidity management. Islamic intermediaries are not necessarily riskier than traditional counterparts but their …

According to some, the commercial bank is anachronistic and in a state of terminal decline. The evidence, however is …

By identifying the possibility of imposing a credible threat of liquidation as the key role of informed (bank) finance … in a moral hazard context, and showing how credibility fails when liquidity values are low, this paper identifies the … circumstances under which a mixture of informed and uninformed finance is optimal and explains why bank debt is typically secured …

Extreme value theory is concerned with the study of the asymptotical distribution of extreme events, that is to say … this theory have been increasingly employed in finance, especially in the context of risk measurement. The aim of the … present study is twofold. The first part delivers a critical review of the theoretical underpinnings of extreme value theory …