Zobrazeno 1 - 5
of 5
pro vyhledávání: '"Chengbo Xie"'
Autor:
Chengbo Xie, Zehao Liu
Publikováno v:
International Review of Economics & Finance. 76:1379-1388
We study the role of capital requirements in adjusting market liquidity. Liquidity is necessary as it prevents fire sales and suppresses the risk-shifting problem when a negative shock occurs. However, hoarding excessive liquidity is costly as it cro
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::77d81ecbc6246361a4beb41621241f59
https://doi.org/10.1016/j.iref.2019.11.019
https://doi.org/10.1016/j.iref.2019.11.019
Publikováno v:
SSRN Electronic Journal.
We introduce banks to the fiscal theory of price level to study the effectiveness of open market operations in correcting the distortions caused by an improper tax rate. A rise in the tax rate increases the real purchasing power of payment liquidity
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::722b7c2fbd24ef8560c6e9ad2b614a84
https://doi.org/10.2139/ssrn.3964467
https://doi.org/10.2139/ssrn.3964467
Autor:
Risheng Yao, Bingfang He, Yuanjian Yang, Chengbo Xie, Chune Shi, Ifeanyichukwu C. Nduka, Zhenzhu Wang, Steve Hung Lam Yim, Hao Zhang, Yong Huang
Publikováno v:
Atmospheric Environment. 223:117239
Previous research has shown the significant transboundary air pollution (TAP) in China. Despite its adverse environmental and human health impacts, the characteristics and mechanisms of TAP have yet to be fully understood. This study comprehensively
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ce8f7117ca54ad248fb6aa78a7e884a3
https://doi.org/10.1016/j.atmosenv.2019.117239
https://doi.org/10.1016/j.atmosenv.2019.117239
Publikováno v:
SSRN Electronic Journal.
Introducing shadow banks into the economy lowers the money supply measured as the sum of cash and deposits, while the amount of payment liquidity does not decrease as long as the liabilities of shadow banks remain fully liquid. At the same time, the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e933b1988cd5f20a21becfa2db3a1e08
https://doi.org/10.2139/ssrn.3243447
https://doi.org/10.2139/ssrn.3243447
Publikováno v:
SSRN Electronic Journal.
We study the interactions between the two roles of commercial banks as payment intermediary and credit intermediary. Deposits serve as a medium of exchange, and depositors with liquidity shocks may pay with deposits for real consumptions without with
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8bfb19218c38192f5d8e7b827560d57f
https://doi.org/10.2139/ssrn.2831364
https://doi.org/10.2139/ssrn.2831364