on financial markets and the wider economy. They can, for example, bias the private provision of real liquidity and …

The European Central Bank (ECB) increased the emergency liquidity assistance (ELA) for Greek banks from €50 billion in …

financial stability. This paper extends the existing research by zooming in on the specific topic of liquidity provision to … banks in resolution. It examines the provision of liquidity in the United States, the United Kingdom, Japan, Canada and the … liquidity provision and the roles of the public budget and the central bank. The comparison also reveals that the role of fiscal …