Results 1 to 10 of about 1,040 (116)
Asset liquidity and indivisibility [PDF]
European Economic Review, 2019 Abstract We study asset liquidity in a search-theoretic framework where divisible assets can facilitate exchange for an indivisible consumption good. The distinctive characteristics of our theory are that the asset dividend can be either positive or negative and buyers can choose whether or not to carry the asset and trade for the indivisible good ...
Han Han, Benoit Julien, Liang Wang
exaly +3 more sources
Asset Pricing with Downside Liquidity Risks [PDF]
Management Science, 2017 We develop a parsimonious liquidity-adjusted downside capital asset pricing model to investigate whether phenomena such as downward liquidity spirals and flights to liquidity impact expected asset returns. We find strong empirical support for the model.
Talis J Putnins
exaly +3 more sources
Cogent Business & Management, 2023 Regulators and managers in the banking sector prioritize the banking system’s stability and safety to limit risks, shocks, and potential losses. This study reveals why a bank is more or less stable via bank capital, liquidity creation, and asset ...
Thanh Huu Vu, Trung Thanh Ngo
doaj +1 more source
Macroeconomic Dynamics, 2021 AbstractWe examine a theoretical model of liquidity with three assets—money, government bonds, and equity—that are used for transaction purposes. Money and bonds complement each other in the payment system. The liquidity of equity is derived as an equilibrium outcome. Liquidity cycles arise from the loss of confidence of the traders in the liquidity of
Amendola, N, Carbonari, L, Ferraris, L
openaire +4 more sources
Jurnal Akuntansi, 2021 The purpose of this study is to examine the role of the liquidity ratio, asset structure andbusiness risk in influencing the determination of capital structure. Property and real estate companies on the Indonesia Stock Exchange in 2016-2018 were employed
Nurul Qosidah, Fitri Romadhon
doaj +1 more source
Funding liquidity risk and asset risk of Indonesian Islamic rural banks
Cogent Economics & Finance, 2022 This study explores the influence of funding liquidity risk and several control variables on Islamic rural banks’ asset risk in Indonesia. Our study analyzes Islamic rural banks comprising 142 Islamic banks with quarterly data from 2013: Q1 to 2018: Q4 ...
Agus Widarjono +2 more
doaj +1 more source
Determinants of liquidity in commercial banks: evidence from the Turkish banking sector [PDF]
CES Working Papers, 2022 Liquidity management has an important place in the asset and liability management of banks. The aim of this study is to empirically investigate the intra-bank and macroeconomic factors that affect liquidity in 20 Turkish commercial banks.
Ahmet KARAKAŞ, Melek ACAR
doaj
Liquidity and Asset Market Dynamics [PDF]
SSRN Electronic Journal, 2010 We study economies with an essential role for liquid assets in transactions. The model can generate multiple stationary equilibria, across which asset prices, market participation, capitalization, output and welfare are positively related. It can also generate a variety of nonstationary equilibria, even when fundamentals are deterministic and time ...
Randall Wright, Guillaume Rocheteau
openaire +1 more source
The Role of Liquidity Creation in Managing the COVID-19 Banking Crisis in Selected Mena Countries
International Journal of Financial Studies, 2023 Banks are financial intermediaries who transform deposits into loans. Banks in the MENA (Middle East and North Africa) region use large deposits from oil companies and big businesses to finance trade, and fund government and private sector infrastructure
Hani El-Chaarani +2 more
doaj +1 more source
Business Diversification and Banks’ Performance: The Moderating Role of Credit and Liquidity Risk (Empirical Study) [PDF]
المجلة العلمية للدراسات والبحوث المالية والإدارية, 2022 The major objective of this study is to explore the moderating role of credit risk and liquidity risk on business diversification and banks’ performance relationship, i.e., investigating the interaction relationship between banks’ risks and business ...
Dr. Marwa Saber Hamoda Alsayed +2 more
doaj +1 more source