The past two decades have seen the construction of a tiered system of international liquidity provision, the first tier …

the volume of liquidity in the banking system is held in line with the demand of banks for reserves. In this paper main … factors of banking system liquidity are analyzed in the context of bank’s imperfect intertemporal substitution of reserves and … rates prove Czech National Bank’s ability to stabilise O/N interest rates disregard overall excess liquidity in the banking …

liquidity conditions in the domestic banking system in Nigeria. Within the context of this prognosis, the study tests the … ameliorate adverse liquidity conditions and the lingering effects of the global financial crises occasioned a structural break in …

due to excess supply of reserves. This so-called excess liquidity trap has adverse economic consequences, is persistent … provide an example of supporting policies that are effective in escaping the excess liquidity trap. …

variation in the supply of central bank liabilities. In effect, the announcement effect has displaced the liquidity effect as …

. Cross section fixed effects are applied to first differences and dummy variables. For liquidity and non-liquid assets the … liquidity ratios and creditor ratios decline when short-term ECB-rates fall. If ECB rates are negative, liquidity ratios are ….6% smaller, while liquidity ratios increased by 2.3 percentage points. Originality / value of the article: Papers on the …

-theoretic model that determines the utility that the agents derive from holding assets with different liquidity. Second, it …