Bank Liquidity Creation, Monetary Policy, and Financial Crises

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The effect of capital ratios on the risk, efficiency and profitability of banks: Evidence from OECD countries (2017, unknown): “Their results are in line with Berger and Bouwman (2012) who find that capital is negatively associated with bank liquidity creation in the short term.”
Policy uncertainty and loan loss provisions in the banking industry (2020, unknown): “15 for the economy – excessive bank liquidity creation is associated with an elevated probability of an impending financial crisis (Acharya and Naqvi, 2012; Berger and Bouwman, 2017).”
Bank liquidity creation and systemic risk (2021, unknown): “In general, previous studies have acknowledged that bank liquidity creation may not only affect the fragility of individual financial institutions but may also have severe negative externalities to overall financial stability (see e.g., Acharya and Naqvi, 2012; Fungacova, Turk and Weill, 2015; Achar”
Small Bank Comparative Advantages in Alleviating Financial Constraints and Providing Liquidity Insurance over Time (2017, background): “The existing literature shows that small banks’ lending and liquidity creation are more affected by monetary policy than large banks’, given their limited access to non-deposit forms of external financing (e.g., Kashyap and Stein, 2000; Berger and Bouwman, 2014).”