We examine China's June 2013 liquidity crunch as a negative shock to banks and analyze the wealth effects on exchange … a long-term bank-firm relationship may mitigate the negative effects of a liquidity shock …-listed firms. Our findings suggest that liquidity shocks to financial institutions negatively impact borrower performance …

How does a shock to the liquidity of bank assets affect credit supply, cross-border lending, and real activity at the …. This collateral framework shock added loans to non-domestic euro area firms to the pool of eligible assets. Using loan … shock. However, the shock had real effects: firms highly exposed to affected banks increase their total debt, employment …

. Our results provide supporting evidence for a liquidity shock in the form of restricted access to commercial bank loans … such as increased non-performing loans and the loss in credit market share to commercial banks. The liquidity shock …

liquidity shock related to the U.S. tapering observed in May 2013. We find that both liquidity shocks are associated with higher …This paper examines the impact of exogenous liquidity shocks on banks borrowing funds in the interbank market. We … evaluate the effects of idiosyncratic liquidity shocks — arising from deposits outflow at the bank level — and of the aggregate …

We show that popular models of flight-to-liquidity shocks have strongly counterfactual implicationsfor asset returns … model, we can show that liquidity shocks played a negligible role and became virtually irrelevant after 2010. We also show … that the slowdown in productivity growth, not liquidity shocks, caused the post-2010 fall in the natural rate …

The recent credit crisis started as a credit shock and then rapidly promulgated in the form of market and funding …