Liquidity and crises / edited by Franklin Allen ... [et al.].

What is liquidity and why is it so important for firms and financial institutions to command enough liquidity? This book brings together classic articles and recent contributions to this important field of research. It provides comprehensive coverage of the role of liquidity in financial crises and...

Full description

Saved in:
Bibliographic Details
Other Authors: Allen, Franklin, 1956-
Format: Book
Language:English
Published: New York : Oxford University Press, 2011.
Subjects:
Table of Contents:
  • An introduction to liquidity and crises / Franklin Allen ... [et al.]
  • Preference shocks, liquidity, and central bank policy / Sudipto Bhattacharya and Douglas Gale
  • Endogenous liquidity in asset markets / Andrea L. Eisfeldt
  • Financial intermediaries and markets / Franklin Allen and Douglas Gale
  • Financial fragility, liquidity, and asset prices / Franklin Allen and Douglas Gale
  • Interbank market integration under asymmetric information / Xavier Freixas and Cornelia Holthausen
  • Banks as monitors of other banks: evidence from the overnight federal funds market / Craig H. Furfine
  • Private and public supply of liquidity / Bengt Holmström and Jean Tirole
  • Liquidity, efficiency, and bank bailouts / Gary Gorton and Lixin Huang
  • Asset market linkages in crisis periods / Philipp Hartmann, Stefan Straetmans, and Casper de Vries
  • Strategic complementarities and the twin crises / Itay Goldstein
  • Inefficient foreign borrowing: a dual- and common-agency perspective / Jean Tirole
  • Exchange rate volatility and the credit channel in emerging markets: a vertical perspective / Ricardo Caballero and Arvind Krishnamurthy.