In this paper we propose definitions of funding liquidity and funding liquidity risk and present a simple, yet … intuitive, measure of funding liquidity risk based on data from open market operations. Our empirical analysis uses a unique … our proxies for funding liquidity risk are typically stable and low, with occasional spikes, especially during the recent …

as their own credit risk and liquidity risk increase, and are more affected by liquidity shocks when compared to large …

and the different attitude towards liquidity risk of the individual banks. It turns out that these characteristics are … the way liquidity risk is managed in the banking sctor …

and the different attitude towards liquidity risk of the individual banks. It turns out that these characteristics are … the way liquidity risk is managed in the banking sector …