We analyze the impact of market liquidity on bank lending in the euro area for different segments over the period 2003 … to 2016. Our results on the aggregate level show that market liquidity is positively related to loan volumes and … liquidity has an asymmetric effect on bank lending: The negative impact of a reduction in liquidity is more significant than the …

transactional level allows me to apply advanced panel methods. Furthermore, this paper shows liquidity hoarding during the pandemic …

In times of financial distress, central banks provide unlimited liquidity to avoid fire sales. In response, banks raise … investigate how unlimited liquidity provision affects collateral prices. Also, I match banks' trades with their balance sheet and … show how funding liquidity impacts premia payment. I quantify the Fire Buy premium to be 15.6 bps; and the Risk …

This paper analyzes how newly introduced transparency requirements for short positions affect investors' behavior and … that the transparency measures effectively represent a short-sale constraint for secretive investors, which results in … transparency regulation imposes a negative externality on stock market efficiency. …

This paper examines German and foreign bank factors that can explain cross-border central bank liquidity flows between … central bank liquidity from abroad than a German bank with fewer existing central bank claims. However, higher overall … liquidity of a German credit institution corresponds to additional net inflows. Foreign bank factors only matter for central …

We study the impact of transparency on liquidity in OTC markets. We do so by providing an analysis of liquidity in a … corporate bond market without trade transparency (Germany), and comparing our findings to a market with full posttrade … the U.S., the determinants of German corporate bond liquidity are in line with search theories of OTC markets. Third …