Liquidity policies and systemic risk," Staff Reports 661, Federal Reserve Bank of New York.Adrian, T. & Boyarchenko, N. (2014). Liquidity policies and systemic risk. Staff Reports 661, Federal Reserve Bank of New York.Adrian, Tobias and Nina Boyarchenko, "Liquidity Policies and Systemic ...
In the model, the endogenously time varying tightness of liquidity and capital constraints generates intermediaries' leverage cycle, influencing the pricing of risk and the level of risk in the economy. Our analysis focuses on liquidity policies' implications for households' welfare. Within the context...
Various governments find it necessary to modify their economic and financial policies to mitigate the impact of these “black swan” events on their economies. However, such economic restructuring and financial reforms have also resulted in higher economic policy uncertainty (EPU) (Tang et al., ...
We study a novel mechanism to explain the interaction between banks' liquidity management and the emergence of systemic financial crises, in the form of self-fulfilling runs. To this end, we develop an environment where banks offer insurance to their depositors against both idiosyncratic and aggregat...
We examine the impact of bank liquidity creation on systemic risk and its heterogeneous impact over the network connectedness. We find that excessive liquidity creation increases the systemic risk with a "U shape" relationship, while internal and external liquidity creation drives systemic risk in a ...
systemic riskWe find that banks subject to the Liquidity Coverage Ratio (LCR) create less liquidity per dollar of assets in the post-LCR period than banks not subject to theRoberts, DanielSarkar, AsaniShachar, OrSocial Science Electronic Publishing...
(Aug., 2000), pp. 611-638 Published by: Ohio State University Press Stable URL: /stable/2601198 . Accessed: 05/05/2014 04:43 Your use of the JSTOR archive indicates your acceptance of the Terms Conditions of Use, available at . /page/info/about/policies/terms.jsp . JSTOR is a not-...
Severo, T. 2012. "Measuring Systemic Liquidity Risk and the Cost of Liquidity Insurance." IMF Working Papers 12/194, International Monetary Fund.Severo, T. (2012): Measuring Systemic Liquidity Risk and the Cost of Liquidity Insurance, IMF Working Paper 12/194....
Liquidity Surplus,Liquidity Risk and a Measure of the Systemic Risk of Banking After the global financial crisis, policymakers, economists and critics have reached an agreement on financial market regulation and systemic risk preventi... T Zhang,Y Zhang - 《Financial Regulation Research》 被引量: ...
(2012), Liquidity Risk, Cash Flow Constraints, and Systemic Feedbacks. Forthcoming in Haubrich, J.G. and Lo, A.W. (eds), Quantifying Systemic Risk, University of Chicago Press.Kapadia, S, Drehmann, M, Elliott, J and Sterne, G. (2012), `Liquidity risk, cash flow constraints, and ...