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RBA Glossary definition for liquidity

liquidity – The capacity to sell an asset quickly without significantly affecting the price of that asset. Liquidity is also sometimes used to refer to assets that are highly liquid.

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Liquidity Shocks and the US Housing Credit Crisis of 2007–2008

5 Jun 2013 RDP 2013-05
Gianni La Cava
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2013/2013-05.html

Appendix C: Estimating the Unbiased Aggregate Effect of the Liquidity Shock

31 Dec 2013 RDP 2013-05
Gianni La Cava
Now the OLS estimate of the aggregate (general equilibrium) effect of the liquidity shock at the tract level is given by:. ... Importantly, both the variance of the bank-specific liquidity shocks (V(SALESHARE. i. ))
https://www.rba.gov.au/publications/rdp/2013/2013-05/appendix-c.html

Appendix B: Identifying the Separate Effects of Liquidity and Lending Standards Shocks

31 Dec 2013 RDP 2013-05
Gianni La Cava
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008 Appendix B: Identifying the Separate Effects of Liquidity and Lending Standards Shocks. ... The liquidity shock is similar to before, except that it is now specific to each
https://www.rba.gov.au/publications/rdp/2013/2013-05/appendix-b.html

Liquidity Shocks and the US Housing Credit Crisis of 2007–2008

31 Dec 2013 RDP 2013-05
Gianni La Cava
Research Discussion Paper – RDP 2013-05 Liquidity Shocks and the US Housing Credit Crisis of 2007–2008.
https://www.rba.gov.au/publications/rdp/2013/2013-05/

Testing the Liquidity Constraints Hypothesis

31 Dec 2013 RDP 2013-05
Gianni La Cava
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008 5. ... caused them to reduce credit supply relative to the non-OTD lenders that were not liquidity constrained.
https://www.rba.gov.au/publications/rdp/2013/2013-05/testing-liquidity-constraints-hypothesis.html

Data

31 Dec 2013 RDP 2013-05
Gianni La Cava
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008 4. ... I proxy the liquidity shock through the average propensity of each mortgage lender to securitise loans in the pre-crisis period.
https://www.rba.gov.au/publications/rdp/2013/2013-05/data.html

Appendix D: The Measurement of Subprime Mortgage Lending

31 Dec 2013 RDP 2013-05
Gianni La Cava
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008 Appendix D: The Measurement of Subprime Mortgage Lending.
https://www.rba.gov.au/publications/rdp/2013/2013-05/appendix-d.html

Conclusion

31 Dec 2013 RDP 2013-05
Gianni La Cava
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008 8. ... Assuming that the affiliated mortgage companies had better access to alternative sources of funding, this provides further support for the liquidity constraints
https://www.rba.gov.au/publications/rdp/2013/2013-05/conclusion.html

References

31 Dec 2013 RDP 2013-05
Gianni La Cava
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008 References. ... Schnabl P (2012), ‘The International Transmission of Bank Liquidity Shocks: Evidence from an Emerging Market’,.
https://www.rba.gov.au/publications/rdp/2013/2013-05/references.html

Appendix A: Identifying the Effect of Credit Supply Shocks

31 Dec 2013 RDP 2013-05
Gianni La Cava
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008 Appendix A: Identifying the Effect of Credit Supply Shocks.
https://www.rba.gov.au/publications/rdp/2013/2013-05/appendix-a.html