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through error spillover effects. Bootstrapped error bands are also provided for the cross country responses of a shock to the …
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This article presents a stress-testing model for liquidity risks of banks. It takes into account the first- and second-round (feedback) effects of shocks, induced by reactions of heterogeneous banks, and reputation effects. The impact on liquidity buffers and the probability of a liquidity...
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through error spillover effects. Bootstrapped error bands are also provided for the cross country responses of a shock to the …
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