Showing 1 - 7 of 7
). Aggregate liquidity can be seen as the rate of change of the aggregate balance sheet of the financial intermediaries …. -- Financial market liquidity ; financial cycles ; financial intermediary leverage …
Persistent link: https://www.econbiz.de/10003781549
Persistent link: https://www.econbiz.de/10003045019
the innovations in the VIX index. Aggregate liquidity can be seen as the rate of change of the aggregate balance sheet of …
Persistent link: https://www.econbiz.de/10003750980
Persistent link: https://www.econbiz.de/10002093657
Persistent link: https://www.econbiz.de/10002841566
We analyse a model of financial intermediation in which intermediaries are subject to moral hazard and they do not invest socially optimally, because they ignore the systemic costs of failure and, in the case of banks, because they fail to account for risks which are assumed by the deposit...
Persistent link: https://www.econbiz.de/10011626217
Persistent link: https://www.econbiz.de/10011613365