Showing 1 - 10 of 23
Persistent link: https://www.econbiz.de/10002713235
Persistent link: https://www.econbiz.de/10000970445
Persistent link: https://www.econbiz.de/10012168819
Persistent link: https://www.econbiz.de/10003414547
Persistent link: https://www.econbiz.de/10003435858
Persistent link: https://www.econbiz.de/10003427793
Persistent link: https://www.econbiz.de/10003369492
Persistent link: https://www.econbiz.de/10000987017
Persistent link: https://www.econbiz.de/10001381986
Traditionally, aggregate liquidity shocks are modelled as exogenous events. Extending our previous work (Cao & Illing, 2008), this paper analyses the adequate policy response to endogenous systemic liquidity risk. We analyse the feedback between lender of last resort policy and incentives of...
Persistent link: https://www.econbiz.de/10013095988