Showing 1 - 10 of 23
Persistent link: https://www.econbiz.de/10001497564
Persistent link: https://www.econbiz.de/10000796601
Persistent link: https://www.econbiz.de/10000925553
Persistent link: https://www.econbiz.de/10001188233
Persistent link: https://www.econbiz.de/10001131786
Persistent link: https://www.econbiz.de/10001083763
Persistent link: https://www.econbiz.de/10001094702
Persistent link: https://www.econbiz.de/10001973058
Persistent link: https://www.econbiz.de/10001911705
The paper examines the New York Clearing House (NYCH) as a lender of last resort by looking at clearing-house-loan-certificate borrowing during five banking panics of the National Banking Era (1863-1913). In that system, adequate aggregate liquidity provision was passive and dependent upon...
Persistent link: https://www.econbiz.de/10013073013