In this paper we introduce two measures, the Systemic Liquidity Buffer (SLB) and the Systemic Liquidity Shortfall (SLS) to assess liquidity in the banking system. The SLB takes an aggregated perspective on liquidity risks in the banking system. In contrast, the SLS focusses on the problematic...

Banks lend more to banks that are similar to them. Using data from the German credit register and proprietary supervisory data on the quality of banks’ loan portfolio, we show that a similar portfolio of the lending and borrowing bank helps to overcome information asymmetries in interbank...

Introduction / Andreas Dombret, Patrick S. Kenadjian -- Cutting the gordian knot or splitting hairs : the debate about breaking up the banks / Andreas Dombret -- "What kind of financial system do we want? : a global private sector perspective" / Paul Achleitner -- Rescue by regulation? Key...