prices that banks pay for liquidity, captured here by borrowing rates in repos with the central bank and benchmarked by the … networks do not. -- banks ; liquidity ; money markets ; repos ; short squeezing ; financial health …We identify frictions in the market for liquidity as well as bank-specific and market-wide factors that affect the …

We study the prices that individual banks pay for liquidity (captured by borrowing rates in repos with the central bank … depend in particular on the distribution of liquidity across banks, which is calculated over time using individual banklevel … data on reserve requirements and actual holdings. Banks pay more for liquidity when positions are more imbalanced across …

We study the prices that individual banks pay for liquidity (captured by borrowing rates in repos with the central bank … depend in particular on the distribution of liquidity across banks, which is calculated over time using individual banklevel … data on reserve requirements and actual holdings. Banks pay more for liquidity when positions are more imbalanced across …

prices that banks pay for liquidity, captured here by borrowing rates in repos with the central bank and benchmarked by the …We identify frictions in the market for liquidity as well as bank-specific and market-wide factors that affect the … liquidity. We find that the price a bank pays for liquidity depends on the liquidity positions of other banks, as well as its …

The "quiet life hypothesis (QLH)" posits that banks enjoy the advantages of market power in terms of foregone revenues … negatively related to market power in the case of German savings banks. We find that both market power and average revenues … declined among these banks between 1996 and 2006. While we find clear evidence supporting the QLH, estimated effects of the QLH …

credit-risk and a reduction in the number of banks due to mergers and acquisitions as well as bank failures. A further …

The moral hazard incentives of the bank safety net predict that distressed banks take on more risk and higher leverage … include financial crises and are subject to different regulatory regimes (1985–1994, 2005–2014). We find that distressed banks …

unemployment has shielded away from the policy of central banks. Actually, however, the institutional setup regarding monetary … ; Unemployment ; Monetary Policy ; Central Banks and Their Policies …