of balance sheets and asset market liquidity. The price of bank assets on the secondary market is endogenous in the model …, thereby relating funding liquidity to expected solvency - an important stylized fact of banking crises. Based on the concept …

This paper discusses liquidity regulation when short-term funding enables credit growth but generates negative systemic … containing risk and preserving credit quality, while quantity-based fundingratios are distorsionary. Liquidity buffers are either … overconfidence), excess credit and liquidity risk are best controlled with net fundingratios. Taxes on short-term funding emerge …

The paper provides a baseline model for regulatory analysis of systemic liquidity shocks. We show that banks may have … allocation is inferior from the investor’s point of view since some banks free-ride on the liquidity provision as a result of … combination of liquidity regulation ex ante and lender of last resort policy ex post is able to implement the outcome maximizing …

reliable answer can be obtained with the aid of complex network theory. In particular, the authors show how it is possible to …

We examine the role of macroeconomic fluctuations, asset market liquidity, and network structure in determining …

We discuss the notion of liquidity and liquidity risk within the financial system. We distinguish between three … different liquidity types, central bank liquidity, funding and market liquidity and their relevant risks. In order to understand … the workings of financial system liquidity, as well as the role of the central bank, we bring together relevant literature …

liquidity and solvency shocks. Extending the work by Cao & Illing (2009a, b), it is shown that systemic liquidity shortage … extra cost for banking regulation and makes some schemes that are optimal under pure illiquidity risks (such as liquidity …