Add to ORKGIn this paper, we show that abandoning the Diamond and Dybvig hypothesis of a unique bank representing the entire banking system gives rise to the possibility of endogenizing the interbank exchanges. In a system characterized by uncertainty regarding the moment of withdrawal of deposits, access to interbank liquidity decreases the bank risk of failure and bank runs. The possibility, moreover, to invest excess liquidity in the interbank market at a positive interest rate increases expected bank profits
This study investigates banks’ liquidity provision using the Lagos and Wright model of monetary exch...
This paper incorporates endogenous money creation into the liquidity mismatch problem of Diamond and...
We extend Diamond and Dybvig's (1983)[11] model to a dynamic context where we study how the bank's f...
In this paper, we show that abandoning the Diamond and Dybvig hypothesis of a unique bank representi...
In a theoretical framework where liquidity crises are not only caused by bank runs, and where there ...
This paper studies banksdecision whether to borrow from the interbank market or to sell assets in or...
A major lesson of the recent financial crisis is that the interbank lending market is crucial for ba...
We develop a simple model of the interbank market where banks trade a long term, safe asset. When th...
A lesson of the recent financial crisis is that the interbank market is crucial for banks facing unc...
This thesis studies the emergence of financial exposures between banks and introduces a novel game o...
Banking failures propagate through financial links in the interbank money market. The phenomenon of ...
The interbank market is important for the efficient functioning of the financial system, transmissio...
We study a novel mechanism to explain the interaction between banks’ liquidity management and the em...
We study a version of the Diamond and Dybvig (Journal of Political Economy, 1983, 91, 401 419) model...
Financial contagion from liquidity shocks has being recently ascribed as a prominent driver of syste...
This study investigates banks’ liquidity provision using the Lagos and Wright model of monetary exch...
This paper incorporates endogenous money creation into the liquidity mismatch problem of Diamond and...
We extend Diamond and Dybvig's (1983)[11] model to a dynamic context where we study how the bank's f...
In this paper, we show that abandoning the Diamond and Dybvig hypothesis of a unique bank representi...
In a theoretical framework where liquidity crises are not only caused by bank runs, and where there ...
This paper studies banksdecision whether to borrow from the interbank market or to sell assets in or...
A major lesson of the recent financial crisis is that the interbank lending market is crucial for ba...
We develop a simple model of the interbank market where banks trade a long term, safe asset. When th...
A lesson of the recent financial crisis is that the interbank market is crucial for banks facing unc...
This thesis studies the emergence of financial exposures between banks and introduces a novel game o...
Banking failures propagate through financial links in the interbank money market. The phenomenon of ...
The interbank market is important for the efficient functioning of the financial system, transmissio...
We study a novel mechanism to explain the interaction between banks’ liquidity management and the em...
We study a version of the Diamond and Dybvig (Journal of Political Economy, 1983, 91, 401 419) model...
Financial contagion from liquidity shocks has being recently ascribed as a prominent driver of syste...
This study investigates banks’ liquidity provision using the Lagos and Wright model of monetary exch...
This paper incorporates endogenous money creation into the liquidity mismatch problem of Diamond and...
We extend Diamond and Dybvig's (1983)[11] model to a dynamic context where we study how the bank's f...