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Identifying central bank liquidity super-spreaders in interbank funds networks

León, Carlos; Machado, Clara; Sarmiento, Miguel - 2015 - (Revised version of CentER paper 2014-047 and EBC discussion paper 2015-007)

Persistent link: https://www.econbiz.de/10011392501

The price of money : now collateral policy affects the yield curve

Nyborg, Kjell G.; Woschitz, Jiri - 2021

Central-bank collateral policy governs the convertibility of assets into central-bank money provided directly by the central bank. Focusing on government bonds, we develop clean identification of variation in such convertibility by exploiting differential treatment of same-country government...

Persistent link: https://www.econbiz.de/10012799625

The Eurosystem, the banking sector and the money market

Mercier, Paul - 2013

Persistent link: https://www.econbiz.de/10010420107

Central bank collateral frameworks

Nyborg, Kjell G. - 2015

on financial markets and the wider economy. They can, for example, bias the private provision of real liquidity and …

Persistent link: https://www.econbiz.de/10011296085

Monetary policy under subjective beliefs of banks: optimal central bank collateral requirements

Böser, Florian - 2021 - This version: June 29, 2021

We study how the subjective beliefs about loan repayment on the side of liquidity-constrained banks affect the central … bank's incentives to set looser collateral standards increase. This reduces the risk of deficient bank lending if …

Persistent link: https://www.econbiz.de/10012585474