Liquidity and crises
Éditeur :
Oxford University Press Inc
ISBN :
9780195390711
Date de publication :
3 févr. 2011
Dimensions :
17,8 x 24,9 x 4,6 cm
Poids :
1220 g
Langue :
Anglais
Pays d'origine :
USA
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.