Results 21 to 30 of about 2,647 (311)
The Lender of Last Resort: A 21st Century Approach [PDF]
SSRN Electronic Journal, 2003 The classical Bagehot’s conception of a Lender of Last Resort (LOLR) that lends to illiquid banks has been criticized on two grounds: on the one hand, the distinction between insolvency and illiquidity is not clear cut; on the other a fully collateralized repo market allows Central Banks to provide the adequate aggregated amount of liquidity and leave ...
Freixas, Xavier +2 more
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The rise and growth of Serbian banking until World War I: Part three: Serbian banking system - operations and relations of the private banks and the National Bank (1878-1914) [PDF]
Megatrend Revija, 2017 The development of Serbian banking during the 19th century was a gradual process that underwent two distinctive stages with the turning point in 1878 when Serbia became an independent state by the international agreement concluded at the Berlin Congress.
Stojanović Biljana
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Financial Market Liquidity and the Lender of Last Resort [PDF]
SSRN Electronic Journal, 2007 In the summer 2007, diffi culties in the US subprime mortgage markets have led to disruptive developments in many fi nancial market segments, in particular in interbank money markets, where central banks in the US and in Europe repeatedly intervened to restore smooth market functioning.
Ewerhart, C., Valla, N.
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HUKUM DAN PELAKU INVESTASI DALAM PERBANKAN
Masalah-Masalah Hukum, 2011 Investment agents within banking sector if could be said with capitalist, when have the power of share more than 50% there was tendency to used their power to influences bank operational and carried out abused of power therefore this matter usually made ...
Y. Teguh Handaruprasetyo
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Federal Reserve Response to the 2007 Financial Crisis. Monetary Policy Instruments [PDF]
Ovidius University Annals: Economic Sciences Series, 2018 This paper will present a radiography of the actions taken by the Federal Reserve after thedebut of the subprime crisis. FED's reaction is very important as it served as a model for the othercentral banks, especially for the European Central Bank.
Bonta (Mitea) Liana-Antonela
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Ancora sul credito di ultima istanza
Moneta e Credito, 2013 Among the preventative surveillance measures on financial intermediation and the management of cases of formal insolvency of intermediaries are the defences against instability through the lender of last resort, a classic theme of central banking.
P. CIOCCA
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Jahrbuch für Wirtschaftsgeschichte, 2022 The past two decades have seen the construction of a tiered system of international liquidity provision, the first tier including those whose credit is sufficient for a swap line with the Fed, the second tier including those who can offer acceptable ...
Mehrling Perry
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Does Neuroticism Disrupt the Psychological Benefits of Nostalgia? A Meta‐analytic Test
European Journal of Personality, EarlyView., 2020 Abstract Nostalgia, a sentimental longing or wistful affection for the past, confers self‐oriented, existential, and social benefits. We examined whether nostalgic engagement is less beneficial for individuals who are high in neuroticism (i.e. emotionally unstable and prone to negative affect).
Julius Frankenbach +4 more
wiley +1 more source
A Theory of Collateral for the Lender of Last Resort
Review of Finance, 2017 Abstract We consider a macroprudential approach to analyze the optimal lending policy for the central bank, focusing on spillover effects that policy exerts on money markets. Lending against high-quality collateral protects central banks against losses, but can adversely affect liquidity creation in markets since high-quality collateral ...
Dong Beom Choi +2 more
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The Minsky-Kindleberger Connection and the Making of Manias, Panics, and Crashes
Œconomia, 2023 This article traces the evolution of what has come to be called the Kindleberger-Minsky model, starting with Kindleberger’s 1978 publication of Manias, Panics, and Crashes and continuing thereafter.
Perry Mehrling
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