Similar Search Results

Oehmke, Martin - 2015

Defaults of financial institutions can cause large, disorderly liquidations of repo collateral. This paper analyzes the dynamics of such liquidations. The model shows that (i) the equilibrium price of the collateral asset can overshoot; (ii) the creditor structure in repo lending involves a...

Persistent link: https://www.econbiz.de/10013036180

Liquidity, Systemic Risk, and the Bankruptcy Treatment of Financial Contracts

Mokal, Riz - 2016

Persistent link: https://www.econbiz.de/10013002918

Specefic form of short-term financing

Baresa, Suzana; Bogdan, Sinisa; Ivanovic, Zoran - In: UTMS journal of economics / University of Tourism and … 8 (2017) 2, pp. 119-129

role in overcoming liquidity problems of business entities due to difficult and late payments as well as long-term billing …. Businesses face the challenge of addressing liquidity-related financial difficulties, particularly in the context of dynamic … overcome the problem of liquidity of business entities and as a model of financing, especially for small and medium …

Persistent link: https://www.econbiz.de/10011780578

Repo markets, counterparty risk and the 2007/2008 liquidity crisis

Ewerhart, Christian; Tapking, Jens - 2008

A standard repurchase agreement between two counterparties is considered to examine the endogenous choice of collateral assets, the feasibility of secured lending, and welfare implications of the central bank’s collateral framework. As an important innovation, we allow for two-sided...

Persistent link: https://www.econbiz.de/10011604955

How Much Fiscal Backing Must the ECB Have? – The Euro Area is not the Philippines

Belke, Ansgar - 2010

The ECB has accepted increasing amounts of rubbish collateral since the crisis started leading to exposure to serious private sector credit risk (i.e. default risk) on its collateralised lending and reverse operations ('repo'). This has led some commentators to argue that the ECB needs 'fiscal...

Persistent link: https://www.econbiz.de/10010270000

How much fiscal backing must the ECB have? The euro area is not the Philippines

Belke, Ansgar - 2010

The ECB has accepted increasing amounts of rubbish collateral since the crisis started leading to exposure to serious private sector credit risk (i.e. default risk) on its collateralised lending and reverse operations (repo). This has led some commentators to argue that the ECB needs fiscal...

Persistent link: https://www.econbiz.de/10010271365

Central bank dollar swap lines and overseas dollar funding costs

Goldberg, Linda S.; Kennedy, Craig; Miu, Jason - 2010

banks. These central banks had the capacity to use these swap facilities to provide dollar liquidity to institutions in … important part of the toolbox for dealing with systemic liquidity disruptions. …

Persistent link: https://www.econbiz.de/10010283558

Global banks and international shock transmission: Evidence from the crisis

Cetorelli, Nicola; Goldberg, Linda S. - 2010

examine adverse liquidity shocks on main developedcountry banking systems and their relationships to emerging markets across …

Persistent link: https://www.econbiz.de/10010287023

Follow the money: Quantifying domestic effects of foreign bank shocks in the great recession

Cetorelli, Nicola; Goldberg, Linda S. - 2012

Foreign banks pulled signifi cant funding from their U.S. branches during the Great Recession. We estimate that the average-sized branch experienced a 12 percent net internal fund withdrawal, with the fund transfer disproportionately bigger for larger branches. This internal shock to the balance...

Persistent link: https://www.econbiz.de/10010287109

Liquidity management of US global banks: Internal capital markets in the great recession

Cetorelli, Nicola; Goldberg, Linda - 2011

is the liquidity management of these banks, specifically the regular flow of funds between parent banks and their …

Persistent link: https://www.econbiz.de/10010287134

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