macroprudential view over time of CCPs' resources, liquidity and collateral policies, margin and haircut requirements …

. Moreover, although they mitigate credit risk, CCPs create liquidity risks, because they rely on participants to provide cash …. Such requirements increase with both market volatility and default; consequently, CCP liquidity needs are inherently … financial institutions default. Liquidity-focused macroprudential stress tests could help to assess and manage this systemic …

varied widely across servicers. Small servicers and nonbanks, especially nonbanks with small liquidity buffers, facilitated … increased mortgage nonpayment but also reduced delinquencies outside of forbearance. Part of the liquidity from forbearance was …

We estimate the impact of household liquidity provision on macroeconomic stabilization using the 2020 CARES Act … liquidity that aligns with existing estimates for direct fiscal transfers. The implied debt-financed fiscal multiplier effects …

dealing with large investor redemptions in the presence of liquidity mismatches. Their tools notwithstanding, bond OEFs had to …

We build a moral hazard model to study incentives of financial intermediaries (shortly, bankers) facing a leverage-insurance …, like those of insurance companies and pension funds (ICPFs), which allocate capital to bankers to reach for yield and meet …

equity premium and longevity insurance in her retirement portfolio. Even without bequests, she will not fully annuitize …