We analyze the impact of financial crises and monetary policy on the supply of wholesale funding liquidity, and also on the compositional supply effects through cross-border and relationship lending. For empirical identification, we draw on the proprietary bank-to-bank European interbank dataset...

The Global Financial Safety Net (GFSN) - the institutions and arrangements that provide short-term crisis finance - has turned into a highly complex, uncoordinated system of global, multilateral, and bilateral instruments. The present paper elaborates on a composite index of the GFSN to analyse...

Against the background of the present financial crisis Otmar Issing and Jan Krahnen, members of the expert commission advising the German government on issues relating to financial crisis prevention, have suggested the creation of a "global risk map" to be enhanced by a global credit register....