High Liquidity Creation and Bank Failures : Do They Behave Differently? /

We formulate the 'High Liquidity Creation Hypothesis' (HLCH) that a proliferation in the core activity of bank liquidity creation increases failure probability. We test the HLCH in the context of Russian banking, which provides a natural field experiment due to numerous failures experience...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Fungacova, Zuzana
مؤلفون آخرون: Turk, Rima, Weill, Laurent
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2015.
سلاسل:IMF Working Papers; Working Paper ; No. 2015/103
الوصول للمادة أونلاين:Full text available on IMF