Liquidity Policies and Systemic Risk
One of the most innovative and potentially far-reaching consequences of regulatory reform since the financial crisis has been the development of liquidity regulations for the banking system.
Liquidity Risk, Liquidity Management, and Liquidity Policies
During the 2007-09 financial crisis, banks experienced widespread funding shortages, with shortfalls even hindering adequately capitalized banks.
Intermediary Leverage Cycles and Financial Stability
The financial crisis of 2007-09 highlighted the central role that financial intermediaries play in the propagation and amplification of shocks.
Magnifying the Risk of Fire Sales in the Tri‑Party Repo Market
The fragility inherent in the tri-party repo market came to light during the 2008-09 financial crisis.