Liquidity safety nets for banks

Liquidity shocks are a core risk of the business model of commercial banks, which is founded on a liquidity mismatch between the banks' liabilities and assets. A substantial part of the banks' funding comes from short-term retail and wholesale funding, whilst a substantial part of the asse...

Full description

Bibliographic Details
Main Author: Davies, P
Format: Journal article
Language:English
Published: 2013