during the 19th century to facilitate interregional payments and flows of liquidity and credit. Vast sums moved through the … the system's resilience to solvency and liquidity shocks and whether these shocks might have been contagious. We find that … the interbank system became more resilient to solvency shocks, but less resilient to liquidity shocks, as banks sharply …

explains why liquidity cannot easily be apprehended through a single statistics, and asks whether liquidity should be regulated … containment. Finally, the paper takes a macroeconomic perspective, discusses shortages of aggregate liquidity and analyses how … market value accounting and capital adequacy should react to asset prices. It concludes with a topical form of liquidity …

funding liquidity and yields. In particular, we spotlight how in the 1960s the Federal Reserve, working in conjunction with … the BIS and European central banks, repeatedly used swaps to manage eurodollar funding liquidity and Libor yields. BIS …, Bank of England and Swiss National Bank archives show an intention to offset seasonal disturbances to funding liquidity in …