Bank runs in the literature take the form of withdrawals of demand deposits payable in real goods, which deplete a …xed reserve of goods in the banking system. That framework describes traditional bank runs based on currency withdrawals as occurred historically in the U.S. and more recently in developing countries. However, in a modern banking system, large withdrawals typically take the form o...

In this paper, we study the empirical relationship between credit funding sources and the financial vulnerability of the Colombian banking system. We propose a statistical model to measure and predict banking fragility episodes associated with credit funding sources classified into retail deposits and wholesale funds. We compute the probability of financial fragility for both the aggregated ban...

According to the Basel III regulatory framework, uniform minimum liquidity requirements have been imposed on all types of banks. Using an agent-based model of a banking system, we investigate the effects of liquidity requirements on banks' insolvency under two policy experiments in one of which the minimum liquidity requirements are applied uniformly and in the other differentially across banks...

The present paper deals with a new approach to teaching lexicography at the university level that has been developed at Moscow State University, Russia. It consists in presenting all three academic subjects, i.e. Dictionary Use, Lexicology, Lexicography as a triad in the university curriculum, the course in lexicography being the concluding part of the triad. The structure and the content of th...

he traditional banking business has been to make long-term loans and fund them by issuing short-dated deposits, a process that is commonly described as “borrowing short and lending long.” In recent years, fundamental economic forces have undercut the traditional role of banks in financial intermediation. As a source of funds for financial intermediaries, deposits have steadily diminished in imp...