Liquidity and Capital: Substitutes or Complements?

Marie Hoerova

Chapter 14 in Achieving Financial Stability:Challenges to Prudential Regulation, 2017, pp 195-205 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The 2007–2009 global financial crisis provided a vivid illustration of how materialization of liquidity risk in some parts of the financial system can lead to liquidity dry-ups in entire market segments (for example, unsecured interbank markets), causing a system-wide scramble for liquidity. Central banks had to step in and provide liquidity support to the financial system to prevent liquidity shortages from turning into solvency problems for financial institutions…

Keywords: Money and Banking; International Banking; Financial Instititions; Banks; Regulations; Compliance; Financial Crisis; Great Financial Crisis 2008; Microprudential; Macroprudential; Financial Stability (search for similar items in EconPapers)
JEL-codes: E50 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789813223400_0014 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789813223400_0014 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789813223400_0014

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().