cap stocks at market close than at open. Search cost is related significantly to order-based market liquidity measures …

commercial bank liquidity. Banking systems, which are relatively liquid, are better able to deal with the large deposit … withdrawals that tend to accompany bank runs. This study provides an assessment of the main determinants of bank liquidity as well … as an evaluation of the impact of banking crises on liquidity. The results show that on average, bank liquidity is about …

, we focus on the role of risk, liquidity and investment banking fees. Panel analysis shows that those variables … fees. On the other hand, liquidity exerts a negative impact. Notably, there is a clear trend of mobility of banks across … that recent regulation reforms regarding capital adequacy and liquidity requirements are on the right track and could …

Single System Interpretation (TSSI) of Marx’s theory of value. I had not at that time met Andrew Kliman. However, very …

Information asymmetry and liquidity concentration has been widely discussed in literatures. This study shows how … liquidity influences not only forecasting performances of term structure estimation, but also information transmission and price …, and provides a rationale for incorporating, liquidity in estimating term structure. Forecasting performance can be greatly …

presumably do so in the near future in crucial issues such capital requirements, liquidity, leverage, systemic risk, etc. This …

absolute risk aversion (CARA). As underlying market impact model, we use the continuous-time liquidity model of Almgren and …

business cycle and suggests that they may also account for the phenomenon of liquidity preference. It suggests that the concept … of liquidity preference constitutes a potential common ground between value-theoretic and post-Keynesian schools of …

return spread in five carry trade portfolios. Further analyses show that: (i) liquidity risk also matters for excess returns …