Veranstaltungen des DIW Berlin/
Events of DIW Berlin

3. Februar 2016

Asset Liquidity, Central Bank Collateral, and Stable Bank Funding

This paper analyses the roles of bank asset fire sales, asset liquidity, and recourse to the central bank as lender of last resort for the equilibrium debt structure of banks and the spread between bank lending rates and the central bank policy rate (the short term risk free rate). The paper also provides a first attempt of a comprehensive empirical cross-sectional analysis of liquidity properties and central bank collateral haircuts of the euro area fixed income universe. 

Mehr Informationen
  • Ulrich Bindseil, European Central Bank

  • Zeit
    12:00 - 13:15
    Gustav-Schmoller-Raum DIW Berlin im Quartier 110 Raum 3.3.002A Mohrenstraße 58 10117 Berlin
    im DIW Berlin
    Tel.: +49 30 89789 492