Interbank market friction-induced holdings of precautionary liquidity: implications for bank loan supply and monetary policy implementation

DOI10.1007/s00199-019-01207-6zbMath1458.91217OpenAlexW2951587727MaRDI QIDQ1996125

Ulrike Neyer, Achim Hauck, Monika Bucher

Publication date: 3 March 2021

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: http://irep.ntu.ac.uk/id/eprint/36920/1/14148_Hauck.pdf

zbMATH Keywords

monetary policyinterbank marketmonetary policy implementationinterest corridorloan supplyprecautionary liquidity

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Financial networks (including contagion, systemic risk, regulation) (91G45)

Related Items (2)

Default and determinacy under quantitative easing ⋮ Interbank borrowing and lending between financially constrained banks

Cites Work

• Unnamed Item
• A search-based model of the interbank money market and monetary policy implementation
• A computational model of banks' optimal reserve management policy.
• Relationship Lending in the Interbank Market and the Price of Liquidity
• Trade Dynamics in the Market for Federal Funds

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