overnight unsecured loans. Using proprietary bank-level data, we find that interbank rate uncertainty signi cantly raises … positions and greater access to central bank funding. …

overnight unsecured loans. Using proprietary bank-level data, we find that interbank rate uncertainty significantly raises … positions and greater access to central bank funding …

liquidity. Our analysis is based on a daily panel of unsecured overnight loans between 1,079 distinct German bank pairs from … after controlling for search frictions as well as a large set of (time-varying) bank and bank-pair control variables and …-the-counter interbank market, our results establish that bank-pair relationships have a significant impact on interbank credit availability …

regulatory liquidity requirements on bank behavior. A multi-stage decision situation allows for considering the interaction … between credit risk and liquidity risk of banks. This interaction is found to make a risk neutral bank behave as if it were …