Spiegel, Mark (contributor) - 2000 - [Elektronische Ressource]
Miller (2000) and Goodhart
and Huang (2000) explicitly consider the role for ILLR activity in the event of
a liquidity crisis … decision, so that sequential
service ensures that they would receive r
1
in the event that they refused to roll
over their …. Under a separating equilibrium,
a relending package will only be accepted in the event of a good state and a
sunspot run …