Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/234491 
Year of Publication: 
2020
Series/Report no.: 
ECB Occasional Paper No. 250
Publisher: 
European Central Bank (ECB), Frankfurt a. M.
Abstract: 
This paper contributes to the debate on liquidity in resolution by providing a quantitative assessment of liquidity gaps of banks in resolution in the euro area. It estimates possible ranges of liquidity gaps for significant banks under different assumptions and scenarios. The findings suggest that, while the average liquidity gaps in resolution are limited, the averages hide significant outliers. The paper thus shows that, under adverse circumstances, the instruments currently available to provide liquidity support to financial institutions in the euro area would be insufficient.
Subjects: 
Liquidity
resolution
bank runs
systemic crisis
contagion
Monte Carlo simulations
JEL: 
G01
G21
G28
G33
C63
Persistent Identifier of the first edition: 
ISBN: 
978-92-899-4426-7
Document Type: 
Research Report

Files in This Item:
File
Size
903.93 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.