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Credit rationing is a common feature of most developing economies. In response to it, the governments of these countries often operate extensive credit programs and lend, either directly or indirectly, to the private sector. We analyze the macroeconomic consequences of a typical government...
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Over the last few decades, most central banks, concerned about settlement risks inherent in payment netting systems …, they require greater liquidity to smooth nonsynchronized payment flows. Thus, central banks typically provide intraday … intraday liquidity is managed has become a competitive parameter in commercial banking and a policy concern of central banks …
Persistent link: https://www.econbiz.de/10005372889
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Testimony before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs, Committee on Oversight and Government Reform, U.S. House of Representatives.
Persistent link: https://www.econbiz.de/10009395288
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Remarks at the New York Association for Business Economics, New York City.
Persistent link: https://www.econbiz.de/10010724959
Remarks at the Andrew Crockett Memorial Lecture, Bank for International Settlements 2013 Annual General Meeting, Basel, Switzerland.
Persistent link: https://www.econbiz.de/10010724978
Remarks hosted by the Institute of Regulation & Risk North Asia, Hong Kong
Persistent link: https://www.econbiz.de/10010724984
Testimony before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs, Committee on Oversight and Government Reform, U.S. House of Representatives.
Persistent link: https://www.econbiz.de/10010725013
Remarks hosted by the Institute of Regulation & Risk North Asia, Tokyo, Japan.
Persistent link: https://www.econbiz.de/10010725049