The Role of Interbank Markets in Monetary Policy: A Model with Rationing
By Xavier Freixas, J. Jorge. 2008
221 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/f7c32c9ea442438d3a42c283f1b5e8e92a9112da
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Elena Carletti
- Franklin Allen
- Douglas Gale
- Florian Heider
- Marie Hoerova
- Ana Babus
- Cornelia Holthausen
- Markus K. Brunnermeier
In Finance
- Elena Carletti
- Franklin Allen
- Douglas Gale
- Florian Heider
- Marie Hoerova
- Cornelia Holthausen
- Ana Babus
- Markus K. Brunnermeier
Citations in the corpus
- Precautionary Hoarding of Liquidity and Inter-Bank Markets: Evidence from the Sub-Prime Crisis (2010, unknown): “…focus on incompleteness of contracting on liquidity shocks; Bhattacharyya and Gale (1987), Flannery (1996), Bhattacharyya and Fulghieri (1994), Freixas and Jorge (2007), and Heider, Hoerova and Holthausen (2008) focus on asymmetric information and/or counterparty risk and related…”
- Monetary Policy and Bank Profitability in a Low Interest Rate Environment (2018, unknown): “This is because such measures provide abundant access to central bank liquidity and lower the cost of debt with positive consequences for bank funding and borrower creditworthiness respectively, thereby supporting bank capital and reducing non-performing loans and loan loss provisioning (Bernanke an”
- Effects of Central Bank Intervention on the Interbank Market During the Subprime Crisis (2011, unknown): “6 See also Freixas and Jorge (2008).”
- Liquidity Hoarding and Interbank Market Spreads: The Role of Counterparty Risk (2009, background): “The macroeconomic implications of frictions in interbank markets are explored in Freixas, Parigi, and Rochet (2000), Freixas and Holthausen (2005), Freixas and Jorge (2008) and Bruche and Suarez (2010).”
- Financial Crises: Theory and Evidence (2009, background): “Acharya, Gromb and Yorulmazer (2008), and Freixas and Jorge (2008) also study inefficiencies in the interbank market.”
- Interbank market liquidity and central bank intervention (2009, background): “Other analyses of problems in the interbank market arising from asymmetric information of various kinds include Bhattacharya and Gale (1987), Flannery (1996), and Freixas and Jorge (2008).”