Liquidity and Crises |
|
| Editor:
| Allen, Franklin
Carletti, Elena
Krahnen, Jan Pieter
Tyrell, Marcel |
| ISBN: | 978-0-19-539071-1 |
| Publication Date: | Jan 2011 |
| Publisher: | Oxford University Press, Incorporated
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| Book Format: | Paperback |
| List Price: | USD $69.00 |
Book Description:
|
One important cause of the 2007-2009 crisis was illiquidity combined with exposure of many financial institutions to liquidity needs. But what is liquidity and why is it so important for financial institutions to command enough liquidity? This book brings together classic articles and recent contributions to this important field.
One important cause of the 2007-2009 crisis was illiquidity combined with exposure of many financial institutions to liquidity needs. But what is liquidity and why is it so important for financial institutions to command enough liquidity? This book brings together classic articles and recent contributions to this important field.