Giordana, Gaston; Schumacher, Ingmar - Central Bank of Luxembourg - 2011
In this paper we study the impact of the Basel III liquidity regulations, namely the Liquidity Coverage Ratio (LCR) and … lending following a contractionary monetary policy shock, in line with the fact that big banks in Luxembourg are liquidity … Luxembourg once banks adhere to the Basel III liquidity regulations. We find that adhering to the NSFR may reduce the bank …