This study investigates the amount of liquidity that is necessary to settle a given network of financial obligations … a flow network technique to investigate how the interconnected feature could affect the required liquidity. Our main … fundamental perspective of how a hub or other network structures affect the required liquidity. We further investigate the …

financial crisis. If such liquidity risk exists and is undiversifiable, then loose monetary policy should be associated with a … risk premium. This paper tests for the existence of such a premium in US and global equity markets, in an asset pricing …

This paper studies how global banks transmit liquidity shocks via their internal capital markets. The unexpected access … as our liquidity shock. Using microdata on all affiliates abroad, we test whether affiliates located outside the US … actively managed internal capital markets and the increased centralization of global banks' liquidity management at the …

shock. Our contagion mechanism operates through a dual channel of liquidity and solvency risk. The joint modelling of banks …

stability. Using a theoretical model, we show that a sudden increase in sovereign default risk may lead to liquidity issues in …This paper analyses the impact of different treatments of government bonds in bank liquidity regulation on financial … the banking sector, implying the insolvency of a significant number of banks. Liquidity requirements do not contribute to …

This paper contributes to the debate on liquidity in resolution by providing a quantitative assessment of liquidity … gaps of banks in resolution in the euro area. It estimates possible ranges of liquidity gaps for significant banks under … different assumptions and scenarios. The findings suggest that, while the average liquidity gaps in resolution are limited, the …

In this paper we introduce two measures, the Systemic Liquidity Buffer (SLB) and the Systemic Liquidity Shortfall (SLS …) to assess liquidity in the banking system. The SLB takes an aggregated perspective on liquidity risks in the banking … system. In contrast, the SLS focusses on the problematic banks which suffer a liquidity shortfall. These measures provide an …

transactional level allows me to apply advanced panel methods. Furthermore, this paper shows liquidity hoarding during the pandemic …

abrupt and deep collapse in world trade, while other world-wide recessions had more moderate effects on world trade. This … Augmented VAR) to show that global liquidity shocks are important factors in explaining the huge and abrupt trade drops in Asia …

supports a range of determinants of global liquidity - including global risk, global bank equity and unconventional monetary …This paper exploits a novel bank-level monthly dataset to assess the effects of global liquidity on the global flows of … risk, global credit demand, and price effects such as interest rate differentials and exchange rates, empirical evidence …