conditions, i.e. the varying liquidity value ofeligible assets and the associated risk. This induces a liquiditypremium, which …

credit risk transfer. The possibility of transferring credit reduces the impact of liquidity shocks on bank balance sheets …

Global liquidity refers to the volumes of financial flows-largely intermediated through global banks and non … provides policy-relevant lessons. International spillovers of monetary policy and risk sentiment through global liquidity … liquidity provision. Strong prudential policies in the home countries of global banks and official facilities reduce funding …

finds that common shocks – key crisis events as well as changes to global liquidity and risk – have exerted a large effect …

When agents are liquidity constrained, two options exist - sell assets or borrow. We compare the allocations arising in …

The trade-off theory on capital structure is tested by modelling the capital structure target as the solution to a … determinants. In contrast, the framework applied here allows for a direct test: results confirm the trade-off theory for small and …

regulation influences this decision. This paper attempts to give an overview of the literature in order to see what theory …