Craig, Ben R.; Fecht, Falko; Tümer-Alkan, Günseli - 2013
concentration of credit relationships and the position of a bank in the network topology of the system influence the bank's ability … by the individual banks in the European Central Bank's (ECB) weekly repo auctions. The bids measure each bank …'s willingness to pay for liquidity since they had variable rate tenders with a 'pay-your-bid' price. Controlling for bank …