liquidity and operate the payments system. Reform advocates noted that banking panics tended to occur at times of the year when … national banks were much less dependent on correspondent banks for seasonal liquidity and that peaks in lending by individual … Reserve Banks aligned with the liquidity needs of banks in their districts. Further, the article shows that after the Fedâ …

liquidity and market efficiency. The one-day program consisted of an opening speech, six presentations, including three keynotes …

financial stability. This paper extends the existing research by zooming in on the specific topic of liquidity provision to … banks in resolution. It examines the provision of liquidity in the United States, the United Kingdom, Japan, Canada and the … liquidity provision and the roles of the public budget and the central bank. The comparison also reveals that the role of fiscal …

source of liquidity helped to contain the effects of the crisis, by preventing the collapse of at least two other major … securitizers. While the underlying themes seem to have changed little in 250 years, the modest scope of the 1763 liquidity … contrasts with events of late 2008. -- shadow banks ; central banks ; liquidity …

We show that emergency liquidity provision by the Federal Reserve transmitted to non-U.S. banking markets. Based on … lending and borrowing rates of banks with and without such access. U.S. liquidity shocks cause a significant decrease in the …