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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| Other Authors: | , |
| Format: | workingPaper |
| Language: | eng |
| Published: |
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10071/8438 |
| Country: | Portugal |
| Oai: | oai:repositorio.iscte-iul.pt:10071/8438 |