provided liquidity against a range of assets during 2008-09. Dealers with lower equity returns and greater leverage prior to … liquidity in explaining dealer behavior. The results suggest that both financial performance and balance sheet liquidity play a …

in 2017, there was no commensurate shrinkage of these claims on liquidity. Consequently, the financial sector was left … more sensitive to potential liquidity shocks, with weaker-capitalized banks most exposed. This necessitated Fed liquidity … provision in September 2019 and again in March 2020. Liquidity-risk-exposed banks suffered the most drawdowns and the largest …

' provision of liquidity insurance in the form of credit lines, their significance in managing corporate liquidity, and the …

liquidity may be related positively to the longer-term probability of default. Our empirical analysis confirms these predictions …

firms with higher cash reserves are less likely to default in the short term, endogenously determined liquidity may be …