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The lender of last resort of the 21st century
Xavier Freixas , Bruno M. Parigi , 22 December 2008 This column argues that the financial crisis of 2007 and 2008 redefines the functions of the lender of last resort, placing it at the intersection of monetary policy, supervision and regulation of the banking industry, and the organisation of ...
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links for 2008-12-22
Economist's View — Black swans and dark matter - John Quiggin Federal Reserve balance sheet - Econbrowser Fedthink - Interfluidity Luck vs. Effort? - Consider the Evidence The lender of last resort of the 21st century - voxeu.org ‘Animal Spirits’ in America - Elliott Middleton, A Tax Credit for Employment Growth? - John H. Bishop Understanding The Economic Crisis in Plain English - Bruce Judson

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