changes in financial intermediaries’ balance sheets for the supply of credit, liquidity and asset prices, and, consequently …

well as, regulatory implications for a Lender of Last Resort in various liquidity scenarios …

This paper examines the dynamic relationship between credit risk and liquidity in the sovereign bond market in the … context of the European Central Bank (ECB) interventions. Using a comprehensive set of liquidity measures obtained from a … risk, as measured by the Italian sovereign credit default swap (CDS) spread, generally drive the liquidity of the market: a …

liquidity, especially for stocks with small market capitalization,high volatility and no listed options; (ii) slowed down price …

In this paper we survey the theoretical and empirical literatures on market liquidity. We organize both literatures …

This paper shows how the US, UK, Germany and China are financially connected through their stock market liquidity in … the COVID-19 pandemic. Using high frequency data on transaction costs, we identify a decrease in stock market liquidity … and an increase in liquidity commonality amongst these countries after the World Health Organisation (WHO) declared the …

We examine the impact of emergency liquidity assistance (ELA) on bank lending in eleven euro area countries during the …

liquidity, especially for stocks with small market capitalization, high volatility and no listed options; (ii) slowed down price …

liquidity, especially for stocks with small market capitalization, high volatility and no listed options; (ii) slowed down price …