Author/Editor: Heiko Hesse, Nathaniel Frank.

Release Date:September, 2009

This paper provides evidence that central bank interventions had a statistically significant impact on easing stress in unsecured interbank markets during the first phase of the subprime crisis which more...

Author/Editor: Nathaniel Frank, Heiko Hesse.

Release Date:May, 2009

In this paper potential financial linkages between liquidity and bank solvency measures in advanced economies and emerging market (EM) bond and stock markets are analyzedduring the latest crisis. A more...

Author/Editor: Heiko Hesse, Nathaniel Frank, Brenda Gonzalez-Hermosillo.

Release Date:August, 2008

We examine the linkages between market and funding liquidity pressures, as well as their interaction with solvency issues surrounding key financial institutions during the 2007 subprime crisis. A more...