, then the economy will fall into a liquidity trap today. …

What are liquidity crises? And what can be done to address them? This short article brings together some personal … issues: the distinction between idiosyncratic and systematic elements of liquidity crises; the growing reliance on funding … liquidity in a market-based financial system; the role of payment and settlement systems; the need to improve liquidity buffers …

What are liquidity crises? And what can be done to address them? This short paper brings together some personal …: the distinction between idiosyncratic and systematic elements of liquidity crises; the growing reliance on funding … liquidity in a market-based financial system; the role of payment and settlement systems; the need to improve liquidity buffers …

liquidity over incentives. Optimal interventions with commitment call for large, long-term subsidies in excess of what is … required to restore liquidity. …

Treasury securities normally possess unparalleled safety and liquidity and, consequently, carry a money premium. We use … the money premium, safety, and liquidity. Our results shed light on Treasury market dynamics specifically, and debt more …. Meanwhile, changes in liquidity only affected the money premium during the impasses. Next, we show that Treasury safety and …

Purpose - This work seeks to investigate post-crisis measures banks have adopted in a bid to manage liquidity risk. It … is based on the fact that the financial liquidity market was greatly affected during the recent economic turmoil and … financial meltdown. During the crisis, liquidity risk management disclosure was crucial for confidence building in market …

Purpose - This work seeks to investigate post-crisis measures banks have adopted in a bid to manage liquidity risk. It … is based on the fact that the financial liquidity market was greatly affected during the recent economic turmoil and … financial meltdown. During the crisis, liquidity risk management disclosure was crucial for confidence building in market …

We estimate the option value of municipal liquidity by studying bond market activity and public sector hiring decisions … eligibility population cutoffs introduced by the Federal sector's Municipal Liquidity Facility (MLF) to study the effects of an … emergency liquidity option on yields, primary debt issuance, and public sector employment. We find that while the announcement …

Purpose – This work seeks to investigate post-crisis measures banks have adopted in a bid to manage liquidity risk. It … is based on the fact that the financial liquidity market was greatly affected during the recent economic turmoil and … financial meltdown. During the crisis, liquidity risk management disclosure was crucial for confidence building in market …