International policy efforts to strengthen financial systems have highlighted the role of liquidity. This paper … explores a framework to assess arrangements for market liquidity and lays out elements of systemic liquidity policy. Robust … arrangements for liquidity provide confidence to market participants that liquidity can be mobilized on demand in a predictable and …

The Swedish banking system faced a severe liquidity strain during the global financial crisis owing to their extensive … recommendations made in the Financial Sector Assessment Program (FSAP) Update in the area of systemic liquidity risk management …, especially in relatively weak areas and some aspects of Riksbank’s domestic liquidity toolkit. But it does not cover a range of …

banks to have private information about the risk of their assets. We show how banks' asset risk affects funding liquidity in … state with adverse selection and elevated rates; and iii) market breakdown with liquidity hoarding. We provide an … of unsecured rates and excess reserves banks hold, as well as the inability of massive liquidity injections by central …

traded quantities are determined by means of a matching algorithm. Contagion occurs through liquidity hoarding, interbank …-off. Liquidity requirements unequivocally decrease systemic risk but at the cost of lower efficiency (measured by aggregate …

United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …. Announcements of interest rate cuts, liquidity support, liability guarantees, and recapitalization were associated with a reduction …

as financial depth and integration were also relevant. Finally, countercyclical monetary policy and liquidity played a …