We employ a proprietary transaction-level dataset in Germany to examine how capital requirements affect the liquidity … average trade size. While non-bank affiliated dealers increase their market-making activity, they are unable to bridge this … gap - aggregate liquidity declines. Our results are stronger for banks with a higher capital shortfall, for non …

This paper develops a debt-run model to study the effects of liquidity injections on debt markets in the presence of a … terms of debt. We show that when equityholders have a large bargaining power, liquidity injections into distressed firms can …

firms from bank liquidity shocks …In 2011, Colombia instituted a tax on repayment of bank loans, thereby increasing the cost of short-term bank credit … more than long-term credit. Firms responded by cutting their short-term loans for liquidity management purposes and …

firms from bank liquidity shocks …In 2011, Colombia instituted a tax on repayment of bank loans, thereby increasing the cost of short-term bank credit … more than long-term credit. Firms responded by cutting their short-term loans for liquidity management purposes and …

The purpose of this study is to measure the impact of liquidity on the performance of Russian banks (2008-17) to assess … the efficiency of Russian banks in liquidity management to determine whether liquidity risk is reasonably priced. This … study uses multiple regression analysis and DEA analysis to assess liquidity management efficiency. The study found that the …

Since the 2007–09 crisis, tougher bank liquidity regulation has been imposed which aims to ensure banks an survive a … productive lending. In this paper we build a bank run model with a unique equilibrium where solvent banks can fail due to … related to liquidity, therefore offsetting some of the costs from higher liquidity requirements. We find evidence for this …