The transmission of liquidity shocks during the crisis

The rapid transmission of the subprime mortgage crisis in the United States to other domestic and foreign financial markets raises several questions of great importance to central banks and financial regulators. Through which mechanisms were the liquidity shocks transmitted across financial markets during this period? Why did the episode of funding illiquidity in structured investment vehicles (SIVs) and conduits turn into an issue of bank insolvency?

Conceptually, a number of new transmission

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.