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How do Banks Manage Liquidity Risk? Evidence from Equity and Deposit Markets in the Fall of 1998

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NBER2004-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10982
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资源简介:
We report evidence from the equity market that unused loan commitments expose banks to systematic liquidity risk, especially during crises such as the one observed in the fall of 1998. We also find, however, that banks with higher levels of transactions deposits had lower risk during the 1998 crisis
提供机构:
美国国家经济研究局
创建时间:
2004-12-01
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