). Aggregate liquidity can be seen as the rate of change of the aggregate balance sheet of the financial intermediaries …. -- Financial market liquidity ; financial cycles ; financial intermediary leverage …

the crisis. Furthermore, it applies recent banking theory to open-end real estate funds in order to understand why the …

the crisis. Furthermore, it applies recent banking theory to openend real estate funds in order to understand why the open …

and shortcomings of regulation, in particular, capital regulation under the model-based approach. Reform proposals concern … capital regulation, liability and remuneration of bank management, procedures for dealing with banks in difficulties, and …