Similar Search Results

Bagehot for Beginners : The Making of Lending of Last Resort Operations in the Mid-19th Century

Bignon, Vincent - 2009

after 1847 and was already a fact of life before Bagehot published Lombard Street. Another finding is that the extension of … operations would encourage moral hazard. Finally, we provide a new interpretations of the “high rates” advocated by Bagehot. We …

Persistent link: https://www.econbiz.de/10013153372

Can Central Banks Go Broke?

Buiter, Willem H. - 2014

The paper answers three questions.(1) Does it matter if a central bank suffers a large capital loss? (2) Can the central bank become insolvent? (3) When, how and by whom should the central bank be recapitalised?

Persistent link: https://www.econbiz.de/10013048185

Prudential policies and bailouts : a delicate interaction

Pasten, Ernesto - In: Review of economic dynamics 38 (2020), pp. 181-197

Persistent link: https://www.econbiz.de/10012653081

Policy uncertainty, lender of last resort and the real economy

Jasova, Martina; Mendicino, Caterina; Supera, Dominik - In: Journal of monetary economics 118 (2021), pp. 381-398

Persistent link: https://www.econbiz.de/10012603787

Rules for the lender of last resort : introduction

Calomiris, Charles W.; Meltzer, Allan H. - In: Journal of financial intermediation 28 (2016), pp. 1-3

Persistent link: https://www.econbiz.de/10011715169

The rationale for central bank liquidity insurance and liquidity regulation

Søvik, Ylva - 2020

One of the core functions of a central bank is to provide liquidity insurance, often termed the lender of last resort (LLR) function. During and after the Great Financial Crisis (GFC) in 2007-09 central banks' role as liquidity insurers evolved. In the aftermath of the crisis, regulation of...

Persistent link: https://www.econbiz.de/10012225886

Dealer financial conditions and lender-of-last-resort facilities

Acharya, Viral V.; Fleming, Michael J.; Hrung, Warren B.; … - In: Journal of financial economics 123 (2017) 1, pp. 81-107

Persistent link: https://www.econbiz.de/10011725183

A theory of collateral for the lender of last resort*

Choi, Dong Beom; Santos, João A. C.; Yorulmazer, Tanju - In: Review of finance : journal of the European Finance … 25 (2021) 4, pp. 973-996

Persistent link: https://www.econbiz.de/10012594629

On the lender of last resort

Solow, Robert M. - In: Financial crises, contagion, and the lender of last …, (pp. 201 - 211). 2002

Persistent link: https://www.econbiz.de/10014554450

On a lender of last resort with a central bank and a stability fund

Callegari, Giovanni; Marimon, Ramon; Wicht, Adrien; … - In: Review of economic dynamics 50 (2023), pp. 106-130

Persistent link: https://www.econbiz.de/10014555906

A service of the

zbw