The amount of central bank money, or liquidity, needed to settle payments, depends on the way the settlement is … transition affects the liquidity needs of the Finnish banks. For the analysis we generate artificial transaction level data … between the liquidity needs for the settlement in a cycle based model and in a full instant payment mode. We also present a …

household-level Finnish Wealth Survey suggest that the share of liquidity-constrained households has declined over the same time … in credit and liquidity constraints in driving aggregate consumption and debt dynamics. Other factors behind muted …