Chair of Monetary Economics
NEWS
Upcoming Presentations
- Bank Stability, Asset Prices, and Liquidity Regulation (with M Bucher, Bundesbank; M Tvede, U Sheffield)
- Annual Financial Market Liquidity Conference
- Talk in the City (with T Gehrig, U Vienna)
- Advances in Mathematical Finance
- Asset Prices and Bank Runs (with J Duffy, UC Irvine; A Karadimitropoulou, U Piraeus; M Parravano, U Newcastle):
- Western Economic Association
- Regulatory Uncertainty and FinTech Innovation (with M Campello, U Florida; W Cong, Cornell U)
- European Finance Association
A new publication
... with Thomas Gehrig (U Vienna) - open access in the Journal of Financial Intermediation. The existence of multiple motives in the demand for liquidity can significantly influence the provision of liquidity by banks. In what way depends on the interactions between market illiquidity and funding illiquidity. This expands and generalizes the standard theory of liquidity provision à la Bryant-Diamond-Dybvig, which focuses only on the effects of market illiquidity (13/12/2024).