Showing 1 - 10 of 47,344
versus foreign lenders. Crisis shocks reduce the supply of crossborder liquidity, with stronger volume effects than pricing … liquidity, but without fostering strong cross-border financial reintegration. …
Persistent link: https://www.econbiz.de/10011704823
We analyze how the Lehman and sovereign crises affect cross-border interbank liquidity, exploiting euro … foreign lenders. Crisis shocks reduce the supply of cross-border liquidity, with stronger volume than pricing effects. On the … margin—riskier borrower banks suffer more. Moreover, the cross-border liquidity crunch is substantially stronger for term …
Persistent link: https://www.econbiz.de/10012856315
and the central bank's liquidity support measures following the Covid-19 pandemic. The liquidity measures enabled banks to … fulfil their liquidity needs primarily through participation in extraordinary liquidity auctions. The distribution of central … bank reserves across banks did not change due to these measures, but interbank trading fell sharply. Ample liquidity …
Persistent link: https://www.econbiz.de/10014314135
Persistent link: https://www.econbiz.de/10012594629
versus foreign lenders. Crisis shocks reduce the supply of crossborder liquidity, with stronger volume effects than pricing … liquidity, but without fostering strong cross-border financial reintegration …
Persistent link: https://www.econbiz.de/10012948677
I quantify the importance of financial structure, labor market rigidities and industry mix for cross-country asymmetries in monetary transmission. To do so, I determine how closely the impulse responses to a monetary policy shock obtained from country-specific vectorautoregressive (VAR) models...
Persistent link: https://www.econbiz.de/10012988771
I quantify the importance of financial structure, labor market rigidities and industry mix for cross-country asymmetries in monetary transmission. To do so, I determine how closely the impulse responses to a monetary policy shock obtained from country-specific vector autoregressive (VAR) models...
Persistent link: https://www.econbiz.de/10013108291
This paper assesses how the financial system influences the strength of the liquidity effect in a calibrated limited … smaller liquidity effects since monetary injections are spread out over a larger number of firms. …
Persistent link: https://www.econbiz.de/10009741060
After the destructive impact of the global financial crisis of 2008, many believe that pre-crisis financial market regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly "missed the forest for the trees". As a result, the...
Persistent link: https://www.econbiz.de/10011477338
Empirical studies of the global liquidity spillover on Indonesia's economy are still relatively limited. Most of the … inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … prices. TVAR estimation resulted in a smaller residual sum of squares compared to VAR estimation. Different regimes resulted …
Persistent link: https://www.econbiz.de/10012799838