References in periodicals archive ?
Financial Crises, Contagion, and the Lender of Last Resort.
End the Fed's broken lender of last resort function.
Some have suggested that an international institution such as the International Monetary Fund (IMF) should function as an international lender of last resort (Fischer 1999; Roubini and Setser 2004; Obstfeld 2009).
To assess the desirability of a government central bank acting as a lender of last resort we need to consider the purpose of banking and the credit-granting function that leads to fractional-reserve banking.
Rapid easing of monetary policy and a secure lender of last resort for banks and investment firms could prevent loss of confidence and panic
In the eurozone, there is no lender of last resort.
Or we don't believe in these rules, but in that case we should dismantle the euro We have to have both: an ECB that serves as a lender of last resort for a European federal state' and this state that is capable of imposing discipline on its members and making the financial transfers that are part of its role.
Topics include unstable banking, endogenous exposure to systemic liquidity risks, financial complexity and risk, from microprudential to macroprudential regulation, and liquidity regulation and the lender of last resort policy.
Ex-Im Bank currently has more business in its pipeline than it can support given the current cap limitations a Congress acts soon, exporters could see their lender of last resort falter as it waits for the new reauthorization
The European Central Bank will not act as lender of last resort for struggling eurozone countries, its chief Mario Draghi insisted, but left the door open to other measures if governments agree on budgetary consolidation.
The markets hope that the German government is just negotiating by blocking any move to transform the European Central Bank into a lender of last resort.
France and Germany disagree about whether the ECB should act as lender of last resort and whether bonds should be issued by the whole of the eurozone instead of individual countries.