Aggregate liquidity can be seen as the rate of growth of financial sector balance sheets.doi:10.1016/j.jfi.2008.02.003Hyun Song ShinesJournal of Financial IntermediationShin, H. S. 2008."Risk and Liquidity in a System Context," Journal of Financial Inter- mediation Vol. 17 (3): 315-329....
S. Ongena et al. What determines the number of bank relationships? Cross-country evidence Journal of Financial Intermediation (2000) H. Shin Risk and liquidity in a system context Journal of Financial Intermediation (2008)View more referencesCited by (397) ...
Besides, the sharp decline in market liquidity had made banks reluctant to lend, so that business operations in the real economy faced difficulties. The shrinking of the real economy, in turn, led to a decline in demand for loans (Singh et al. 2022). This detail also demonstrats that the...
The role played by CFOs give them a natural, and perhaps unique, “in” when it comes to incorporating risk concerns... Report Between deluge and drought: Liquidity and funding for Asian banks April 1, 2013- Strategic management of funding and liquidity will play an increasingly important role...
A front-to-back market, counterparty credit risk, and liquidity risk-aligned architecture and models that support data quality (such as risk systems and front-office systems using the same data or even integrated data) and that also reduce discrepancies and manual adjustments and checks required in...
Smart contracts, decentralized exchanges, and crypto assets all contribute to the landscape of DeFi, but with them come risks like smart contract failures and liquidity issues. As the recent U.S. Department of the Treasury’s 2023 report highlights, DeFi involves aspects that require keen ...
2. The second group “Applications” includes credit risk analytics and market risk, analytics value-at-risk, operational risk analytics, liquidity risk analytics and stress testing and scenario analysis. The three central pillars—Ingest, Transform; Persist, Curate, Create; and Analyze, Learn, Predi...
Liquidity is high in periods of high trading activity in the overall market and for bonds with low default risk or close to maturity, which results from lower order processing costs. Finally, using realized bid–ask spreads as a liquidity measure, we find that on average, 21% of the ...
Risk and liquidity in a system context J. Finan. Intermediation (2008) Acharya, V., 2001. A theory of systemic risk and the design of prudential bank regulation. NYU Working... V. Acharya et al. Systemic risk and deposit insurance premiums Fed. Reserve Bank of New York Econ. Pol. Rev...
This can generate a liquidity mismatch between the asset and the liability sides of the fund, and create a liquidity risk for investors. In that sense, HF play the role of banks in the liquidity transformation in the “shadow banking” system. Third, we observe in practice a significant ...