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  1. Liquidity, liquidity everywhere, not a drop to use
    why flooding banks with central bank reserves may not expand liquidity
    Erschienen: 15 January 2022
    Verlag:  Centre for Economic Policy Research, London

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    Universitätsbibliothek Mannheim
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Array ; DP16907
    Schlagworte: Quantitative easing; central bank balance sheet; Financial Stability; Repo rate spike; liquidity hoarding; Liquidity dependence; Margin Requirements; Capital requirements
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen
  2. Managing bank liquidity hoarding during uncertain times
    the role of board gender diversity
    Erschienen: 2 November 2022
    Verlag:  BOFIT, the Bank of Finland Institute for Emerging Economies, Helsinki

    This paper examines the effect of executive board gender diversity on the relationship between economic policy uncertainty (EPU) and bank liquidity hoarding (LH). We focus on the Russian banking sector, which, relative to most of the world, has a... mehr

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    This paper examines the effect of executive board gender diversity on the relationship between economic policy uncertainty (EPU) and bank liquidity hoarding (LH). We focus on the Russian banking sector, which, relative to most of the world, has a high share of women on bank executive boards. Using the news-based EPU index developed by Baker, Bloom, and Davis (2016) and LH measures proposed by Berger, Guedhami, Kim, and Li (2022), we exploit a unique dataset from the Russian banking sector. While higher economic policy uncertainty tends to increase liquidity hoarding, we find this effect diminishes as gender diversity of the board increases. We attribute this finding to the moderating influence of gender diversity on stability and overreaction in decision-making. Additionally, we find that the channel through which board gender diversity affects the impact of economic policy uncertainty on liquidity hoarding takes place via the hoarding of liquid assets. Our findings are robust to the use of alternative measures for economic policy uncertainty and gender diversity. As women are still significantly under-represented on bank boards in most countries, these results argue for policies to promote gender diversity of bank boards as a means of limiting detrimental effects of economic policy uncertainty.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789523234222
    Weitere Identifier:
    hdl: 10419/266095
    Schriftenreihe: BOFIT discussion papers ; 2022, 11
    Schlagworte: liquidity hoarding; bank boards; gender diversity; economic policy uncertainty
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  3. International liquidity
    Erschienen: [2017]
    Verlag:  [London School of Economics and Political Science], [London]

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    Sprache: Englisch
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    Schriftenreihe: LSE Financial Markets Group paper series ; 247
    Schlagworte: Collateral; Financial market liquidity; funding liquidity; global financial cycle; international financial stability; international payments; international safe assets; liquidity hoarding; money supply; Unconventional Monetary Policy
    Umfang: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  4. A tale of fire-sales and liquidity hoarding
    Erschienen: October 2017
    Verlag:  Swiss National Bank, Zurich

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: SNB working papers ; 2017, 16
    Schlagworte: Fire-sales; lotteries; liquidity hoarding; interbank markets; indivisibility
    Umfang: 1 Online-Ressource (circa 35 Seiten), Illustrationen