The Basel III net stable funding ratio adjustment speed and systemic risk
(2016)
Journal Article
Ly, K. C., Chen, Z., Wang, S., & Jiang, Y. (2017). The Basel III net stable funding ratio adjustment speed and systemic risk. Research in International Business and Finance, 39(Part A), 169-182. https://doi.org/10.1016/j.ribaf.2016.07.031
© 2016 Elsevier B.V. The theory on the timing of liquidity trades highlights two contrasting rational expectations equilibria for the liquidity adjustment speed effect, namely an immediate-trading equilibrium (trade at the onset of the liquidity shoc... Read More about The Basel III net stable funding ratio adjustment speed and systemic risk.