Sources of Liquidity and Liquidity Shortages
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Financial Intermediation"
DOI: 10.1016/j.jfi.2020.100869
Abstract: We investigate a model of liquidity sources that incorporates a general equilibrium feature of liquidity: when banks hold more liquidity, other sectors of the economy hold less of it and will consequently supply less in… read more here.
Keywords: liquidity shortages; liquidity; sources liquidity; liquidity liquidity ... See more keywords
Epidemics of liquidity shortages in interbank markets
Sign Up to like & getrecommendations! Published in 2018 at "Physica A: Statistical Mechanics and its Applications"
DOI: 10.1016/j.physa.2018.05.104
Abstract: Financial contagion from liquidity shocks has being recently ascribed as a prominent driver of systemic risk in interbank lending markets. Building on standard compartment models used in epidemics, in this work we develop an EDB… read more here.
Keywords: shortages interbank; liquidity shortages; liquidity; interbank markets ... See more keywords