1. Same District is an indicator variable equal to one if the borrower is located in the same Federal Reserve district as the lender. Same State is an indicator variable equal to one if the borrower is located in the same state as the lender. Difference in Assets is equal to the difference between the borrower and lender's assets, divided by the borrower's assets, where borrower and lender's assets are in logarithmic form. Assets is the logarithm of bank assets;The sample in regressions (1) -(4) includes the set of all possible borrower / lender pairings between 135 frequent borrowers and 449 lenders, where frequent borrowers are defined as banks that borrow 100 days or,2005
2. Stressed, not Frozen: The Federal Funds Market in the Financial Crisis;G Afonso;Journal of Finance,2011
3. Trade Dynamics in the Market for Federal Funds
4. Liquidity and congestion;Gara Afonso;Journal of Financial Intermediation,2011