Quantitative easing could improve market liquidity through many channels such as relaxing bank funding constraints …, increasing risk appetite, and facilitating trades. However, it can also reduce market liquidity when the increase in the central …) effects of the Bank of Japan (BOJ)'s JGB purchases on market liquidity. Moreover, we also find evidence that such scarcity …

. Traditional market makers have changed their liquidity provision by increasingly switching from risk warehousing to risk …-complementing the authorities' work-we suggest i) providing incentives for liquidity provision, ii) improving market safeguards, and iii …

I construct a systemic liquidity risk index (SLRI) from data on violations of arbitrage relationships across several … liquidity risk factor. Results show that the level of bank returns is not directly affected by the SLRI, but their volatility … increases when liquidity conditions deteriorate. I do not find a strong association between bank size and exposure to the SLRI …

I construct a systemic liquidity risk index (SLRI) from data on violations of arbitrage relationships across several … liquidity risk factor. Results show that the level of bank returns is not directly affected by the SLRI, but their volatility … increases when liquidity conditions deteriorate. I do not find a strong association between bank size and exposure to the SLRI …

The paper presents a framework to integrate liquidity and solvency stress tests. An empirical study based on European … bond trading data finds that asset sales haircuts depend on the total amount of assets sold and general liquidity … conditions in the market. To account for variations in market liquidity, the study uses Markov regime-switching models and links …

in advanced economies are key cyclical determinants of liquidity in Chilean equities. Evidence from a cross-section of …

the calibration of the redemption shock, the measurement of liquidity buffers and the assessment of the resilience of …This paper outlines a framework to perform liquidity stress tests for investment funds. Practical aspects related to … investment funds are discussed. The integration of liquidity stress tests with banking sector stress tests and possible bank …