Systemic liquidity risk: a European approach
| Authors |
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| Publication date |
25-10-2011
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| Journal |
VOX : Research-based Policy Analysis and Commentary from leading Economists
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| Volume | Issue number |
2011 | 25 October
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| Organisations |
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Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
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| Abstract |
How should financial regulators address problems stemming from liquidity risk? This column argues that the liquidity coverage and net funding ratios proposed for Basel III are economically and politically impractical. It recommends using those ratios as long-term targets while imposing ‘prudential risk surcharges’ on deviations from the targets.
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| Document type |
Article
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| Language |
English
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| Published at |
http://www.voxeu.org/index.php?q=node/7114
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