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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Xehetasun bibliografikoak
Egile nagusia: Fungacova, Zuzana
Beste egile batzuk: Turk, Rima, Weill, Laurent
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Working Papers; Working Paper ; No. 2015/103
Sarrera elektronikoa:Full text available on IMF