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...
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| Andre forfattere: | , |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2015/103 |
| Online adgang: | Full text available on IMF |