Banks hold liquid and illiquid assets. An illiquid bank that receives a liquidity shock sells assets to liquid banks in …

bank reserves is determined by the size of the Federal Reserve’s policy initiatives and in no way reflects the initiatives …’ effects on bank lending. We also argue that a large increase in bank reserves need not be inflationary, because the payment of …. -- Bank reserves ; central bank liquidity facilities ; money multiplier …

financial services, the number of U.S. bank branches has continued to increase steadily over time. Further, an increasing …") had lower bank-average deposits per branch and roughly equal volumes of small business loans per branch, but no reduction …, mid-sized branch networks had lower bank-average deposits and small business loan volume per branch, but had lower net …

such a large quantity of bank reserves could lead to overly expansive bank lending as the economy recovers, regardless of … the Federal Reserve's interest rate policy. In contrast, we show that the size of bank reserves has no effect on bank … find that large reserve balances do not lead to excessive bank credit and may instead be contractionary. -- Banking …

weights are most similar. Of particular interest is a post-LCR shift in LCR bank portfolios to GNMA MBS rather than GSE MBS …