The theory of financial intermediation highlights various channels through which capital and liquidity are interrelated …. Using a simultaneous-equations framework, we investigate the relationship between bank capital buffer and liquidity for … buffer has neglected the role of liquidity. On the whole, we find that banks do not strengthen their capital buffer when they …

The theory of financial intermediation highlights various channels through which capital and liquidity are interrelated …. Using a simultaneous equations framework, we investigate the relationship between bank regulatory capital and bank liquidity … determinants of bank capital buffer has neglected the role of liquidity. On the whole, we find that banks decrease their regulatory …

We document several effects of the Liquidity Coverage Ratio (LCR) rule on dealers' financing and intermediation of …

We analyze the impact of financial crises and monetary policy on the supply of wholesale funding liquidity, and also on … on interbank access and volume is stronger than on spreads. Liquidity supply restrictions are exacerbated for cross … price dispersion substantially decreases when the Eurosystem promises unlimited access to liquidity at a fixed price in …