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This is a survey of the literature on liquidity provision through banks. I first formulate the basic model underlying … the modern literature on liquidity provision for households and then introduce the more recent literature on liquidity … provision through banks and markets. Then I turn to liquidity provision on the asset side of banks' balance sheets and conclude …
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Over the last few years Hungary has posted large and increasing surpluses in its trade balance. The country has also become a net lender to the rest of the world, revealed by the surplus in the current and capital account of the balance of payments. These developments are mirrored by significant...
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Over the last few years Hungary has posted large and increasing surpluses in its trade balance. The country has also become a net lender to the rest of the world, revealed by the surplus in the current and capital account of the balance of payments. These developments are mirrored by significant...
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