𝔖 Bobbio Scriptorium
✦   LIBER   ✦

DIDMCA and bank market risk: Theory and evidence

✍ Scribed by Thomas P. Bundt; Thomas F. Cosimano; John A. Halloran


Book ID
116134785
Publisher
Elsevier Science
Year
1992
Tongue
English
Weight
1022 KB
Volume
16
Category
Article
ISSN
0378-4266

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


Banks' Advantage in Hedging Liquidity Ri
✍ EVAN GATEV; PHILIP E. STRAHAN πŸ“‚ Article πŸ“… 2006 πŸ› John Wiley and Sons 🌐 English βš– 229 KB

## ABSTRACT Banks have a unique ability to hedge against market‐wide liquidity shocks. Deposit inflows provide funding for loan demand shocks that follow declines in market liquidity. Consequently, banks can insure firms against systematic declines in liquidity at lower cost than other institutions