Showing 1 - 6 of 6
This paper extends a New Keynesian model to include roles for currency and depositsas competing sources of liquidity …
Persistent link: https://www.econbiz.de/10009302532
We find that U.S. corporations' demand for liquidity is sensitive to two importantfactors: uncertainty facing the rm … important role inmanaging liquidity risks. Policy recommendations may not only be limited to changesin financial policy but may …
Persistent link: https://www.econbiz.de/10009302540
This paper empirically examines whether additional future xed capital and R&D investmentexpenditures induce rms to accumulate cash reserves while considering therole of market imperfections. Implementing a dynamic framework on a panel of US, UKand German companies, we nd that rms make larger...
Persistent link: https://www.econbiz.de/10009302548
perspective of global liquidity. The CRT market is enormouslygrowing and exhibits major structural shifts in terms of buyers and … sellers ofprotection. I try to address these issues from an options perspective by suggestingthat liquidity providing can be … se, as oftenclaimed, which causes liquidity related systemic risk, but rather the potential coordinationfailures of the …
Persistent link: https://www.econbiz.de/10005867875
Ausschuss durch seineForderungen in Form der „Sound Practices for Managing Liquidity in Banking Organisations”und die nationalen … demInstrumentarium des Liquidity at Risk auf, welcher den mit vorgegebener Wahrscheinlichkeitmaximal zu erwartenden Liquiditätsbedarf …
Persistent link: https://www.econbiz.de/10005868114
-linear relationship between the leverage ratio and liquidity holdings. Dividendpayments and operating cash flows are positively related to …
Persistent link: https://www.econbiz.de/10005868195