This paper attempts to quantify the benefits associated with operating a liquidity-saving mechanism (LSM) in Fedwire … per day. -- Liquidity-saving mechanisms ; real-time gross settlement ; large-value payment systems …

analyze a model federal funds market where uncertain liquidity flows transaction costs induce banks to delay trading bid up …

particular, we do not find that worse performing banks began hoarding liquidity and indiscriminately reducing their lending …. -- Fed funds ; financial crisis ; liquidity ; interbank lending ; hoarding …

liquidity and operate the payments system. Reform advocates noted that banking panics tended to occur at times of the year when … national banks were much less dependent on correspondent banks for seasonal liquidity and that peaks in lending by individual … Reserve Banks aligned with the liquidity needs of banks in their districts. Further, the article shows that after the Fedâ …

in 2017, there was no commensurate shrinkage of these claims on liquidity. Consequently, the financial sector was left … more sensitive to potential liquidity shocks, with weaker-capitalized banks most exposed. This necessitated Fed liquidity … provision in September 2019 and again in March 2020. Liquidity-risk-exposed banks suffered the most drawdowns and the largest …

bank holding companies from 1993Q1 to 2020Q1, our results provide the empirical support to the theory that BC has non …-linear effect on liquidity creation. We find a positive and highly significant non-linear effect of BC on liquidity creation, which … not only supports the pro-cyclicality of liquidity creation but also improves the liquidity creation estimation compared …