IRs: Publication Method of Last Resort
نویسندگان
چکیده
منابع مشابه
Lender of Last Resort :
It has become commonplace in the current crisis to refer to the Federal Reserve as the economy’s lender of last resort (LLR). Typical is the observation of Glenn Hubbard, Hal Scott, and John Thornton (2009) that “Over many decades and especially in this financial crisis, the Fed has used its balance sheet to be a classical lender of last resort.” With all due respect to these authors and numero...
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ژورنال
عنوان ژورنال: Against the Grain
سال: 2021
ISSN: 2380-176X
DOI: 10.7771/2380-176x.8413