Now showing items 1-2 of 2

    • closedAccess   Financial Integration and Liquidity Crises 

      Castiglionesi, Fabio; Feriozzi, Fabio; Lorenzoni, Guido Informs (2019-03)
      This paper analyzes the effects of financial integration on the stability of the banking system. Financial integration allows banks in different regions to smooth local liquidity shocks by borrowing and lending on a world ...
    • closedAccess   Liquidity Coinsurance and Bank Capital 

      Castiglionesi, Fabio; Feriozzi, Fabio; Loranth, Gyöngyi; Pelizzon, Loriana Wiley (2014-03-26)
      Banks can deal with their liquidity risk by holding liquid assets (self-insurance), by participating in interbank markets (coinsurance), or by using flexible financing instruments, such as bank capital (risk sharing). We ...