Central Bank Tools and Liquidity Shortages

The global financial crisis that began in mid-2007 has renewedconcerns about financial instability and focused attention onthe fundamental role of central banks in preventing andmanaging systemic crises. In response to the turmoil, centralbanks have made extensive use of both new and existing toolsfor supplying central bank money to financial institutions andmarkets...

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Authors:	Cecchetti, Stephen G. ; Disyatat, Piti
Institutions:	London School of Economics and Political Science
Published in:	London School of Economics and Political Science - Publications FRBNY Economic Policy Review / August 2010, 29-42
Subject:	Bank \| Notenbank \| Central Bank \| Geldpolitik \| Liquidität \| Finanzkrise \| Banking Crisis

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Extent:	253952 bytes 14 p. application/pdf
Type of publication:	Article
Language:	English
Classification:	Specific management methods ; Financial theory ; Terms and pricing policy ; Individual Articles ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005869394