Summary:
Recall this post from six years ago. Òscar Jordà, Björn Richter, Moritz Schularick, and Alan M. Taylor suggest that higher bank capital ratios help stabilize the financial system ex post but not ex ante, and that illiquidity breeds fragility.
Topics:
Dirk Niepelt considers the following as important: Bank failure, Insolvency, Liquidity, Notes, Solvency
This could be interesting, too:
Recall this post from six years ago. Òscar Jordà, Björn Richter, Moritz Schularick, and Alan M. Taylor suggest that higher bank capital ratios help stabilize the financial system ex post but not ex ante, and that illiquidity breeds fragility.
Topics:
Dirk Niepelt considers the following as important: Bank failure, Insolvency, Liquidity, Notes, Solvency
This could be interesting, too:
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Recall this post from six years ago. Òscar Jordà, Björn Richter, Moritz Schularick, and Alan M. Taylor suggest that higher bank capital ratios help stabilize the financial system ex post but not ex ante, and that illiquidity breeds fragility.