Liquidity policies and systemic risk

Research, Preprint OPEN
Adrian, Tobias ; Boyarchenko, Nina (2014)
  • Publisher: New York, NY: Federal Reserve Bank of New York
  • Subject: DSGE | liquidity regulation | E32 | E02 | G00 | systemic risk | G28 | financial intermediation | liquidity regulation; systemic risk; DSGE; financial intermediation
    • jel: jel:E32 | jel:E02 | jel:G00 | jel:G28
      ddc: ddc:330
    mesheuropmc: health care economics and organizations

The growth of wholesale-funded credit intermediation has motivated liquidity regulations. We analyze a dynamic stochastic general equilibrium model in which liquidity and capital regulations interact with the supply of risk-free assets. In the model, the endogenously ti... View more
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