Short-term liquidity in payment systems of central banks: risk and regulation
Abstract
This article considers a number of tools that authorities could use to minimize the negative impact of liquidity risk. We can say that the reducing of liquidity requirements has reduced incentives for banks to delay its payments, thus enhancing the resilience and efficiency of the payment system.
About the Author
A. A. Eristaev
Financial university under the Government of the Russian Federation
Russian Federation
Russian Federation
References
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Review
For citations:
Eristaev A.A. Short-term liquidity in payment systems of central banks: risk and regulation. Scientific notes of the Russian academy of entrepreneurship. 2015;(44):307-314. (In Russ.)
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