One of the lessons learned from the Global Financial Crisis of 2007–9 is that minimum capital requirements are a necessary but inadequate safeguard for the st

Bank Liquidity Creation and Financial Crises delivers a consistent, logical presentation of bank liquidity creation and addresses questions of research and poli

Explains how the financial crisis spread across the world, how damage was contained and how the monetary world has changed.

The interventions of crisis management during the 2007 to 2011 financial crisis were not simply responses to a set of given developments in markets, banking or

This paper analyzes the evolution of bank funding structures in the run up to the global financial crisis and studies the implications for financial stability,