Market reaction to bank liquidity regulation
(2018)
Journal Article
Bruno, B., Onali, E., & Schaeck, K. (2018). Market reaction to bank liquidity regulation. Journal of Financial and Quantitative Analysis, 53(2), 899-935. https://doi.org/10.1017/S0022109017001089
We measure market reactions to announcements concerning liquidity regulation, a key innovation in the Basel framework. Our initial results show that liquidity regulation attracts negative abnormal returns. However, the price responses are less pronou... Read More about Market reaction to bank liquidity regulation.