Currently, private trust in commercial banks declines as a consequence of today´s financial crisis. As past crises, e … in a New Keynesian framework with commercial banks in order to analyze the implications of a loss of confidence. In …

Following a scarcity of dollar funding available internationally to banks and financial institutions, in December 2007 … banks. These central banks had the capacity to use these swap facilities to provide dollar liquidity to institutions in … research, as well as more descriptive accounts, suggests that the dollar swap lines among central banks were effective at …