Hajime Tomura - Latest - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T11:04:36+00:00Understanding and Measuring Liquidity Risk: A Selection of Recent Research
https://www.bankofcanada.ca/wp-content/uploads/2011/05/gauthier.pdf
During the recent financial crisis, one of the forces set in motion by the initial losses on subprime-mortgage loans was a significant decline in the market liquidity of assets and in the ability of financial institutions to obtain funding in wholesale markets. In this article, the authors summarize recent research that clarifies the role of liquidity in destabilizing the financial system and examine the implications of this research for the recently announced financial system reforms, including Basel III.2011-05-19T07:20:35+00:00enUnderstanding and Measuring Liquidity Risk: A Selection of Recent Research2011-05-19