Central Bank as a Lender of Last Resort: New Issues of the Monetary Policy Theory
The article considers the problem of realization of central banks’ function of the lender of last resort in the situation of liquidity deficit. It shows that the classic definition of the last resort credits principles is not adequate to the tasks which central banks have to solve during liquidity crisis.
Year of publication: |
2010-12
|
---|---|
Authors: | ANDRYUSHIN, S. ; V. KUZNETSOVA. |
Published in: |
VOPROSY ECONOMIKI. - N.P. Redaktsiya zhurnala "Voprosy Economiki". - Vol. 12.2010
|
Publisher: |
N.P. Redaktsiya zhurnala "Voprosy Economiki" |
Saved in:
Saved in favorites
Similar items by person
-
Foreign Capital Inflows Regulation by Monetary Policy Tools
Andryushin, S., (2013)
-
Macroprudential Policy Instruments of Central Banks
Andryushin, S., (2012)
-
Monetary Policy’s Priorities of Central Banks in New Conditions
ANDRYUSHIN, S., (2011)
- More ...