25 oct. 2021Banks' Liquidity Provision and Panic Runs with Recursive Preferences"How important is it to distinguish relative risk aversion (RRA) from the intertemporal elasticity of substitution (IES) to study banks'...
21 oct. 2021The Impact of Bank Liquidity Risk on Risk-Taking and Bank Lending: Evidence from European Bank"... banks holding more liquid assets take less risk and show a higher subsequent loan growth rate. These results hold for both small and...