-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 may be related positively to the longer-term probability of default. Our empirical analysis confirms these predictions …

countries. This paper shows that consumers' desire to monitor liquidity is one of the reasons. Consumers make use of a … predictions: consumers who need to keep control over their remaining liquidity and who have elevated costs of information …

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 …

and of income losses following a crisis. She tests the validity of "insurance" and "liquidity" models of currency crisis …