In financial crises, the premium on liquid assets such as US Treasuries increases alongside credit spreads. This paper … that reduce bank net worth exacerbate the coordination friction. In response, banks lend less and demand more liquid assets …

In financial crises, the premium on liquid assets such as US Treasuries increases alongside credit spreads. This paper … that reduce bank net worth exacerbate the coordination friction. In response, banks lend less and demand more liquid assets …

-run causality running from the capital-to-assets ratio, one-year-lagged capital-to-asset ratio, liquid-assets-to-deposits ratio, and …-to-assets ratio and the liquid assets to deposits ratio; the coverage ratio, on the other hand, showed a negative and statistically …

consumers revolve credit card debt while also keeping liquid assets as bank account deposits. This scenario is very common: 42 … more in liquid assets). We explain the puzzle by showing that consumers need their liquid assets to pay monthly bills and …, borrower-savers' credit card debt exceeded their liquid assets. The average borrower-saver carried almost $6,400 in unpaid …

consumers revolve credit card debt while also keeping liquid assets as bank account deposits. This scenario is very common: 42 … more in liquid assets). We explain the puzzle by showing that consumers need their liquid assets to pay monthly bills and …, borrower-savers' credit card debt exceeded their liquid assets. The average borrower-saver carried almost $6,400 in unpaid …

consumers revolve credit card debt while also keeping liquid assets as bank account deposits. This scenario is very common: 42 … more in liquid assets). We explain the puzzle by showing that consumers need their liquid assets to pay monthly bills and …, borrower-savers' credit card debt exceeded their liquid assets. The average borrower-saver carried almost $6,400 in unpaid …