Lender of Last Resort and Global Liquidity

Obstfeld, Maurice

World Bank

关键词: balance sheet;    balance sheets;    bank credits;    bankruptcy;    central bank;   

DOI  :  10.1596/1020-797X_11_3_43
RP-ID  :  3

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

One important lesson of the crisis is the need to take a systemic view of measures aimed at financial stability. Measures that enhance the stability of a single institution could be inimical to the stability of the financial system as a whole.