Showing 1 - 10 of 816,992
Persistent link: https://www.econbiz.de/10010199578
' long-term leverage choices and an "interim" inefficiency because it distorts agents' short-term liquidity management. I …
Persistent link: https://www.econbiz.de/10010202960
Persistent link: https://www.econbiz.de/10012649516
Persistent link: https://www.econbiz.de/10001609858
Persistent link: https://www.econbiz.de/10002011561
Persistent link: https://www.econbiz.de/10002011577
liquidity and solvency shocks. It explains the asset price anomalies and bank lending freeze during the crisis. The paper shows …
Persistent link: https://www.econbiz.de/10013083052
that combines the default and liquidity stress mechanisms into a "double cascade mapping''. The progress and eventual … therefore quantify how illiquidity or default of one bank influences the eventual overall level of liquidity stress and default … average eventual level of defaults in a financial network is negatively related to the strength of banks' liquidity stress …
Persistent link: https://www.econbiz.de/10013055466
Persistent link: https://www.econbiz.de/10014364289
This paper reviews the theoretical literature at the intersection of macroeconomics and finance to draw lessons on the connection between vulnerabilities in the financial system and the macroeconomy, and on how monetary policy affects that connection. This literature finds that financial...
Persistent link: https://www.econbiz.de/10013161877