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Mancini, Loriano; Ranaldo, Angelo; Wrampelmeyer, Jan - 2014 - This version: March 2014

The search for a market design that ensures stable bank funding is at the top of regulators' policy agenda. This paper empirically shows that the central counterparty (CCP)-based euro interbank repo market features this stability. Using a unique and comprehensive data set, we show that the...

Persistent link: https://www.econbiz.de/10010410308

Repo Market – A Tool to Manage Liquidity in Financial Institutions

Nath, Golaka C. - 2015

Repo is used in India as an instrument for monetary policy by institutionalizing daily Liquidity Adjustment Facility … (LAF) which allows banks and Primary Dealers to manage their liquidity needs. Liquidity stress in the market has an impact …-bank uncollateralized call market and the call rates are prone to liquidity shocks in the system. The spread between Call and Repo rates is …

Persistent link: https://www.econbiz.de/10013034702

A fistful of dollars : transmission of global funding shocks to EMs

Kumar, Shekhar Hari; Mathur, Aakriti - 2020

interbank markets. Money markets enable banks to engage in risk-sharing against liquidity shocks and are sensitive to global … liquidity shocks to EMs as compared to benchmark short-term bond yields. Next, we disentangle the transmission into its various … of macro-prudential policy like reserve requirements can help alleviate liquidity shocks to the EM banking system …

Persistent link: https://www.econbiz.de/10012171269

How do banks manage liquidity? : evidence from the ECB's tiering experiment

Baldo, Luca; Heider, Florian; Hoffmann, Peter; Sigaux, … - 2022

We study how banks manage their liquidity among the various assets at their disposal. We exploit the introduction of … assets over time. Our results imply that frictions in one market for liquidity can spill over to several markets. …

Persistent link: https://www.econbiz.de/10013375171

Going below zero - how do banks react?

Michaelis, Henrike - 2022

Exploiting confidential data on individual German bank balance-sheets, I analyse what characterises a bank that opts to apply negative interest rates to corporate deposits. The results suggest that banks that are highly exposed to the negative interest rate policy (NIRP), i.e. funded by a larger...

Persistent link: https://www.econbiz.de/10013361902

Identifying central bank liquidity super-spreaders in interbank funds networks

León, Carlos; Machado, Clara; Sarmiento, Miguel - In: Journal of financial stability 35 (2018), pp. 75-92

Persistent link: https://www.econbiz.de/10012156844

Assessing the interconnectedness and systemic risk contagion in the Chinese banking network

Qi, Ming; Shi, Danyang; Feng, Shaoyi; Wang, Pei; … - In: International journal of emerging markets 17 (2022) 3, pp. 889-913

Persistent link: https://www.econbiz.de/10012886435

On the distribution of links in financial networks : structural heterogeneity and functional form

Lux, Thomas - 2017

We investigate the distribution of links in three large data-sets, one of these covering interbank loans in the electronic trading platform e-MID, the other two covering a large part of the loans of banks to non-financial companies in the Spanish and Japanese economies, respectively. In contrast...

Persistent link: https://www.econbiz.de/10011662620

Credit market competition and liquidity crises

Elena, Carletti; Leonello, Agnese - 2014

We develop a model where banks invest in reserves and loans, and face aggregate liquidity shocks. Banks with liquidity … financial stability. The structure of liquidity shocks affects the severity and the occurrence of crises, as well as the amount …

Persistent link: https://www.econbiz.de/10010249670

Bank Liquidity, Interbank Markets, and Monetary Policy

Freixas, Xavier - 2010

A major lesson of the recent financial crisis is that the ability of banks to withstand liquidity shocks and to provide …

Persistent link: https://www.econbiz.de/10013152719