-specific variables. Data on regulation, supervision and monitoring variables, and activity restrictions are from the most recent Bank … Regulation and Supervision Survey database conducted by the World Bank, published 2012. Besides these we incorporate bank size … banks from 21 European Union countries for the post-crisis year 2010, controlling for bank-specific and country …

borrow from the Term Auction Facility rather than from the discount window. The incidence of stigma varied according to bank …' borrowing costs during the crisis. Our results have important implications for the provision of liquidity by central banks …

empirically test the predictions of a new signalling model that offers a rationale for offering two different liquidity facilities … risky than banks that accessed the DW. Our results can contribute to a better design of liquidity facilities during a …

After the crisis, bank regulators are considering mitigating liquidity risk by introducing quantity limits on liquidity … and maturity mismatch. We argue that aggregate liquidity risk can be reduced with little deadweight loss by encouraging … readily observable variable correlated with systemic liquidity risk (e.g. the LIBOR-OIS spread) is above a trigger threshold …

financial sector overhang may make bailouts tempting, they raise the risk of exacerbating the overhang related to sovereign debt … evidence on this important nexus, based on our ongoing research that exploits data on European bank and sovereign credit risks …

We analyze reductions in bank credit using a natural experiment where unprecedented flooding differentially affected … loans in Pakistan and this exogenous shock to bank funding, we find two key results. First, banks disproportionately reduce …

This note provides an example of how government and central bank policies that promote market liquidity (e … capitalized (networth of the banking system is higher) but, at the same time, more fragile (higher likelihood of bank failures … affected by liquidity policies, creating new channels for financial contagion in case the real sector is hit by negative shocks …

, whilst removing credit risk transmission, systematically increase default risk …

notion of Liquidity Coverage at Risk (LCRisk), which is the probability that a bank becomes insolvent in the next 30-days … early warning signal of liquidity risk. For instance, we find a 35% probability of insolvency a few days before Banco …Building on the Liquidity Coverage Ratio created under the Basel III regulatory agreement, this paper introduces the …