Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10009242055
Persistent link: https://www.econbiz.de/10012872540
Persistent link: https://www.econbiz.de/10009666634
Persistent link: https://www.econbiz.de/10010421845
Persistent link: https://www.econbiz.de/10010208670
Persistent link: https://www.econbiz.de/10011725183
Banks' liquidity is a crucial determinant of the adversity of banking crises. In this paper, we consider the effect of fire sales and entry during crises on banks' ex-ante choice of liquid asset holdings. We consider a setting with limited pledgeability of risky cash flows relative to safe ones...
Persistent link: https://www.econbiz.de/10013150020