Central banks as lender of last resort: experiences during the 2007-2010 crisis and lessons for the future / Najlacnejšie knihy
Central banks as lender of last resort: experiences during the 2007-2010 crisis and lessons for the future

Code: 17637278

Central banks as lender of last resort: experiences during the 2007-2010 crisis and lessons for the future

by Federal Reserve Board, Penny Hill Press

During the 2007-10 financial crisis, central banks accumulated a vast amount of experience in acting as lenders of last resort. This paper reviews the various ways that central banks provided emergency liquidity assistance (ELA) d ... more

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During the 2007-10 financial crisis, central banks accumulated a vast amount of experience in acting as lenders of last resort. This paper reviews the various ways that central banks provided emergency liquidity assistance (ELA) during the crisis, and disc

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