Would Monetary Tightening Increase Bank Wholesale Funding?

Dong Beom Choi and Hyun-Soo Choi The recent financial crisis clearly revealed that the reliance of banks on short-term wholesale funding critically increased their funding liquidity risks; during market disruptions, it becomes more likely that banks will be unable to roll over those funds and will hence be forced to fire-sell illiquid assets and possibly … Continue reading Would Monetary Tightening Increase Bank Wholesale Funding?