Determinant factors of bank customers' demand for liquidity

In contexts of economic instability investors show an increase in aversion to risk and prefer high liquidity and low-risk financial products. In this paper, we study the reasons behind bank customers holding wealth in the form of immediate liquidity. Using micro data on clients’ portfolios of a Port...

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Detalhes bibliográficos
Autor principal: Bernardo, C. D. (author)
Outros Autores: Lagoa, S. C. (author), Leão, E. R. (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2015
Assuntos:
Texto completo:http://hdl.handle.net/10071/8438
País:Portugal
Oai:oai:repositorio.iscte-iul.pt:10071/8438