Deléchat, Corinne; Henao, Camila; Muthoora, Priscilla; … - In: Monetaria II (2014) 1, pp. 83-129
Banks’ liquidity holdings are comfortably above legal or prudential requirements in most Central American countries. While good for financial stability, high liquidity may nonetheless hinder financial market development and monetary policy transmission. Using a panel of 96 commercial banks...