Covid-19 crisis are that more than 20% of their public debt is now held by these central banks and that the balance sheet of …

banks’ responses to the crisis have taken monetary policy into unknown territory. The paper’s first section diagnoses good … dangers of actions exceeding certain limits. It specifically focuses on the European Central Bank’s much-debated intervention … for a social science perspective of how to manage modern central banks, an approach that draws on a variety of disciplines …

-collected historical daily dataset on loans to commercial banks, we analyze how personal connections matter for lending of last resort …, highlighting the importance of governance for this core function of central banks. We show that, when faced with a banking panic in … connected banks – those whose board members were BdF shareholders. The BdF's selective lending policy failed to internalize a …

-collected historical daily dataset on loans to commercial banks, we analyze how personal connections matter for lending of last resort …, highlighting the importance of governance for this core function of central banks. We show that, when faced with a banking panic in … connected banks - those whose board members were BdF shareholders. The BdF's selective lending policy failed to internalize a …

the banking risk, shows a certain superiority compared to the rating to better prevent in ex-post the cases of banks in …