Liquidity Risk Management in Banks Economic and Regulatory Issues
The recent turmoil on financial markets has made evident the importance of efficient liquidity risk management for the stability of banks. The measurement and management of liquidity risk must take into account economic factors such as the impact area, th
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Roberto Ruozi Pierpaolo Ferrari •
Liquidity Risk Management in Banks Economic and Regulatory Issues
123
Pierpaolo Ferrari Department of Business University of Brescia Brescia Italy
Roberto Ruozi Department of Finance Bocconi University Milan Italy
ISSN 2193-1720 ISBN 978-3-642-29580-5 DOI 10.1007/978-3-642-29581-2
ISSN 2193-1739 (electronic) ISBN 978-3-642-29581-2 (eBook)
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Contents
Liquidity Risk Management in Banks: Economic and Regulatory Issues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Banks and Liquidity Risk . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Liquidity Risk: Economic Issues . . . . . . . . . . . . . . . . . . . . . 3.1 The Impact Area of the Liquidity Risk . . . . . . . . . . . 3.2 The Timeframe of the Risk Analysis . . . . . . . . . . . . . 3.3 The Origin of the Risk . . . . . . . . . . . . . . . . . . . . . . 3.4 The Economic Scenario of the Risk . . . . . . . . . . . . . 3.5 Models and Measurement Tec
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