Cel My research will consist of three theoretical papers focusing on the allocation of liquidity and interest rate risks of commercial banks. Investors are exposed to liquidity risk when the timing of their consumption needs is unknown and to interest rate risk when future markets interest rates are uncertain. The topics and expected results of the papers are: 1- Liquidity risk sharing, financial intermediation and capital markets: the role of banks as providers of liquidity and insurance is shown to be superior to the single liquidity feature of the capital markets. 2- Interest risk and commercial banks: the bank's shareholders face a trade-off between hedging interest rate risk in order to keep outside funds from risk-averse depositors and speculating to profit from expected movements in interest rates. 3- Interest rate risk, proprietary trading and banks cost of capital where I will determine the rate of return required by shareholders on their investement when their bank is engaging in proprietary trading and taking interest rate risk. Program(-y) FP4-TMR - Specific research and technological development programme in the field of the training and mobility of researchers, 1994-1998 Temat(-y) 0302 - Post-doctoral research training grants TS05 - Financial Sciences Zaproszenie do składania wniosków Data not available System finansowania RGI - Research grants (individual fellowships) Koordynator London Business School Wkład UE Brak danych Adres Sussex Place Regent's Park NW1 4SA London Zjednoczone Królestwo Zobacz na mapie Koszt całkowity Brak danych Uczestnicy (1) Sortuj alfabetycznie Sortuj według wkładu UE Rozwiń wszystko Zwiń wszystko Not available Francja Wkład UE Brak danych Adres Zobacz na mapie Koszt całkowity Brak danych