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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Fungacova, Zuzana
Rannpháirtithe: Turk, Rima, Weill, Laurent
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2015.
Sraith:IMF Working Papers; Working Paper ; No. 2015/103
Rochtain ar líne:Full text available on IMF