Assessing liquidity transformation risks in MFs is difficult, largely due to a lack of detailed data on fund assets …' liquidity. In this note, we identify some indicators of funds' liquidity profiles, and examine them in a sample of bank loan (BL … riskier assets and, thus, for which vulnerabilities associated with liquidity transformation are generally most salient. We …

-Keynesian theory of liquidity preference as the opportunity cost of investment; and the notion of the liquidity premium as a factor in … streams but by financing opportunities, liquidity considerations, and prospective capital gains. This approach substantially …

Liquidity and solvency have been called the "heavenly twins" of banking (Goodhart, Charles, 'Liquidity Risk Management …', Financial Stability Review - Special Issue on Liquidity, Banque de France, No. 11, February, 2008). Since these "twins" interact … grounded in information and confidence, and it is confidence which in the end determines liquidity. In other words, liquidity …

This study provides a conceptual and monitoring framework for systemic liquidity, as well as a legal assessment of the … possible use of macroprudential liquidity tools in the European Union. It complements previous work on liquidity and focuses on … the development of liquidity risk at the system-wide level. A dashboard with a total of 20 indicators is developed for the …