Brůna, Karel; Blahová, Naďa - In: Journal of Central Banking Theory and Practice 5 (2016) 1, pp. 159-184
The paper contains an analysis of the economic and regulatory concept of bank liquidity in the context of systemic liquidity shock. A formal model analysis shows that the application of liquidity coverage ratio (LCR) based on Basel III will lead to a significant adaptation of banks liquidity...