This paper investigates the managing strategies of a bank's liquidity reserve in the broader context of the role of … asset-liability management according to the liquidity issues of a banking organisation. Several types of liquidity are … presented and how these are interconnected and how they might affect a financial institution's liquidity risk. When managing the …

Liquidity is a key resource that banks have to manage on a daily basis. Large banking groups face the question of how … to optimally allocate and generate liquidity: in a central liquidity hub or in many decentralized branches across … show that volatility is a key driver of the degree of (de-)centralization. As expected, in a deterministic setup liquidity …

This paper investigates quantitative significance of liquidity constraints for asset prices and monetary policy in a … which the illiquid asset can be pledged as collateral. The demand for money arises from the anticipation of future liquidity … needs for random investment opportunities. The key parameter governing the degree of liquidity haircut is calibrated using …

A consistent framework for optimal liquidity management is presented. This framework optimizes the cost of covering …, and adverse market impact are the major drivers of cost. The notion of a deployable liquidity resource, which is … subsequently extend to the notion of a dated liquidity strategy, is introduced. A formalization of LCR as a typical regulatory …