All Articles tagged maturity mismatching

• Articles
  May 15, 2024 CDT
  Arbitraging the Yield Curve: A Free Lunch?
  Daniel Sánchez-Piñol Yulee

  Banking crises can be produced by a mismatch of assets and liabilities, potentially leading to illiquidity in the financial system. Daniel Sánchez-Piñol Yulee examines implications of arbitraging the yield curve.

  Abstract
• Articles
  December 17, 2021 CDT
  New Evidence and Some Clarifications on the Ethical Implications of Hybrid Banking Contracts
  Anthony Evans

  Are a deposit and a loan mutually exclusive? Or is a deposit contract legitimate even if it permits banks to engage in fractional reserve lending? Evans discusses these hybrid contracts.

  Abstract