term deposits qualify for the LCR. These results suggest that liquidity regulation affects bank demand in monetary policy …We estimate the effects of the liquidity coverage ratio (LCR), a liquidity requirement for banks, on the tenders that … banks submit in Term Deposit Facility operations, a Federal Reserve tool created to manage the quantity of bank reserves. We …

banks when term deposits qualify for the LCR. These results suggest that liquidity regulation affects bank demand in …We estimate the effects of the liquidity coverage ratio (LCR), a liquidity requirement for banks, on the tenders that … banks submit in Term Deposit Facility operations, a Federal Reserve tool created to manage the quantity of central bank …

We consider a model in which banks vulnerable to liquidity crises may receive support from the lender of last resort … (LLR). Higher liquidity standards, though costly to banks, give the LLR more time to find out the systemic implications of … denying support to the banks in trouble. By modifying banks' prospects of being supported in a crisis, liquidity standards …

liquidity regulation may interfere with the central bank's implementation of monetary policy. We find that when the market …. This interaction is not yet well understood. We focus on the newly introduced Liquidity Coverage Ratio (LCR) and how it … equilibrium is suboptimal due to asymmetric information, both the central bank and the regulator can act to improve welfare. These …

crisis, recent advances in global liquidity regulation try to curb the excessive reliance on short-term wholesale funding … without being clear on how such an approach will affect the overall equilibrium on money markets. In particular, liquidity … regulation may interfere with the central bank's influence on short-term money market rates. This paper tries to fill the gap in …

We investigate how liquidity regulations affect banks by examining a dormant monetary policy tool that functions as a … liquidity regulation. For causal inference, we use a regression kink design that relies on the variation in a marginal high … credit supply. Liquidity requirements also depress banks' profitability, though some of the regulatory costs are passed on to …

This paper analyzes a government's incentives to provide fi nancial assistance to a public bank which is hit by a … liquidity shock. We show that discretionary decisions about emergency liquidity assistance result in either excessively small or … excessively large liquidity injections in a wide variety of circumstances. Also, adding a lender of last resort does not generally …

In this paper we introduce two measures, the Systemic Liquidity Buffer (SLB) and the Systemic Liquidity Shortfall (SLS …) to assess liquidity in the banking system. The SLB takes an aggregated perspective on liquidity risks in the banking … system. In contrast, the SLS focusses on the problematic banks which suffer a liquidity shortfall. These measures provide an …

excess liquidity and bank risk-taking as well as explores its stronger impact in countries severely affected by the 2008 … bank risk-taking. The study also finds that the attenuating effect of EPU on the relationship between excess liquidity and … light on how the GFC altered bank risk-taking in the presence of excess liquidity and high EPU. This study examines the …

Bank liability guarantee schemes have traditionally been viewed as costless measures to shore up investor confidence … and prevent bank runs. However, as the experiences of some European countries, most notably Ireland, have demonstrated … rollover risks of a bank and a government, which are connected through the government's guarantee of bank liabilities. We show …