identical, implying that the concentration of liquidity in one asset is socially desirable. At the same time, too many buyers …

argument for the existence of safe harbours is liquidity in the financial market. Safe harbour rules do away with a number of … legal concepts, notably those attached to traditional security, and thereby allow for an exponentiation of liquidity … liquidity. To the extent that safe harbours accelerate contagion in terms of crisis, which in principle is a valid argument …

that they must deliver the asset they borrowed. As a result, that asset enjoys both greater liquidity, measured by search … times, and a higher lending fee ("specialness"). Liquidity and specialness translate into price premia that are consistent …

We provide a model that links an asset's market liquidity; i.e., the ease with which it is traded; and traders' funding … liquidity, i.e. the ease with which they can obtain funding. Traders provide market liquidity, and their ability to do so …, depend on the assets' market liquidity. We show that, under certain conditions, margins are destabilizing and market …

risk. To do so, the article unravels the much-misunderstood experiences of eight Norwegian municipalities whose investments … analytical concepts—“the fetishization of the knowledge of risk” and “fictitious distance”—to help explain how the crisis spread …

risk information in the global economy. The paper examines the current state of the financial risk framework, notes its … place. The proposed open-source financial risk model separates the dual function that internal risk models perform within … financial institutions, first to attempt to optimize the risk-return profile of mostly private economic rent-seeking entities …