Open AccessWhy Do We Need Both Liquidity Regulations and a Lender of Last Resort? A Perspective from Federal Reserve Lending during the 2007-09 U.S. Financial Crisis
Author(s) -
Mark A. Carlson,
Burcu Duygan-Bump,
William R. Nelson
Publication year - 2015
Publication title -
finance and economics discussion series
Language(s) - English
Resource type - Journals
eISSN - 2767-3898
pISSN - 1936-2854
DOI - 10.17016/feds.2015.011
Subject(s) - lender of last resort , market liquidity , liquidity crisis , accounting liquidity , financial system , liquidity risk , business , funding liquidity , financial crisis , economics , monetary economics , finance , monetary policy , central bank , macroeconomics