This paper investigates the transmission of funding liquidity shocks, credit risk shocks and unconventional monetary …

We examine the system-wide effects of liquidity regulation on banks’ balance sheets. In the general equilibrium model … value before maturity, e.g., structured securities. By improving the liquidity of interbank markets, tighter liquidity … requirements induce banks to invest in such complex assets. We evaluate the welfare properties of combining liquidity regulation …

This paper examines the role of the precautionary demand for liquidity and the interest on reserves as two potential … high levels of precautionary liquidity hoarding the optimal policy response of a Taylor rule is shown to indicate a zero … weight on inflation. This result is explained by the effect that the demand for liquidity has on the deposit rate which …

-term liquidity insurance purposes and for longer-term funding purposes for issuing covered bonds or asset-backed securities. We then … explore the determinants of the choice of using bank loans for short-term liquidity insurance purposes or long-term funding …

during the 19th century to facilitate interregional payments and flows of liquidity and credit. Vast sums moved through the … the system's resilience to solvency and liquidity shocks and whether these shocks might have been contagious. We find that … the interbank system became more resilient to solvency shocks but less resilient to liquidity shocks as banks sharply …

during the nineteenth century to facilitate interregional payments and flows of liquidity and credit. Vast sums moved through … affected the system's resilience to solvency and liquidity shocks and whether those shocks might have been contagious. We find … that the interbank system became more resilient to solvency shocks but less resilient to liquidity shocks as banks sharply …