Author
Akın, Özlem, Özsoy, Satı Mehmet
Publication Date
2019-03-28
Publication Place
-
Peter Lang AG
Subject
Banks, Financial crisis, Liquidity creation, Off-balance sheet
Type
Book
Language
English
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
978-363177986-6
Record ID
2cdea642-b84a-41b2-853d-c1be2a7d558d
Library Location
Economics, International Finance
Date
2019-03-28
Sample Text
Banks create liquidity by transforming liquid liabilities into illiquid assets and this is one of their main functions. Yet excessive liquidity creation, especially via off-balance sheet activities, might have contributed to the 2008-2009 financial crisis. In this chapter, we analyze the dynamics of liquidity creation in Turkey and the United States, and the contribution of off-balance sheet activities therein.
