Liquidity hoarding and interbank market spreads: the role of counterparty risk

Preprint
Publisher Website
Google Scholar
  • 1 January 2009
    • preprint
      • Published in RePEc
Abstract
We study the functioning and possible breakdown of the interbank market in the presence of counterparty risk. We allow banks to have private information about the risk of their assets. We show how banks JEL Classification: G01, G21, D82

This publication has 0 references indexed in Scilit: