through its interaction with the size and structure of national banking sectors. When aggregate risk increases, countries with … large banking sectors and low equity ratios in the banking sector experience greater widening in yield spreads, suggesting …

convenience yield for safety and liquidity and by lower global economic growth …

convenience yield for safety and liquidity and by lower global economic growth. …

increase risk premia measured by relative swap spreads. The effect of deficits is significantly lower under EMU. This effect …

Liquidity plays an important role in explaining how banks determine their allocation of funds. This paper analyses … liquidity in a manner similar to that used to study household need for liquidity, namely, by using a cash-in-advance type model … maintained hypothesis concerning the liquidity premium and default risk premium. This paper confirms the finding that monetary …

Liquidity plays an important role in explaining how banks determine their allocation of funds. This paper analyses … liquidity in a manner similar to that used to study household need for liquidity, namely, by using a cash-in-advance type model … maintained hypothesis concerning the liquidity premium and default risk premium. This paper confirms the finding that monetary …

an earlier rate cut within positive territory, and risk-taking reduces regulatory capital cushions and liquidity. …

monetary transmission in the euro. The differences of financial market structures across countries, in terms of banking …