• 1 INTRODUCTION
  • 2 PRUDENTIAL LIQUIDITY REGULATION IN GERMANY
  • 3 PREDICTIONS
  • 4 THE DATA
  • 5 UNDERESTIMATED DEPOSIT WITHDRAWALS OR LIMITS IN NON-BANK LENDING?
  • 5.1 UNDERESTIMATED DEPOSIT WITHDRAWALS
  • 5.2 LIMITS IN NON-BANK LENDING
  • 6 CONCLUSIONS
  • REFERENCES
  • APPENDIX: DATA DEFINITIONS AND SOURCES