This book illustrates the importance of bonds as a funding tool available to banks. After providing the reader with an overview of the funding strategies adopte
We analyze the transmission of bank-specific liquidity shocks triggered by a credit rating downgrade through the lending channel. Using bank-level data for US B
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the internation
This paper analyzes the evolution of bank funding structures in the run up to the global financial crisis and studies the implications for financial stability,