Open AccessUnintended Consequences of LOLR Facilities: The Case of Illiquid Leverage
Author(s) -
Viral V. Acharya,
Bruce Tuckman
Publication year - 2013
Language(s) - English
Resource type - Reports
DOI - 10.3386/w19773
Subject(s) - leverage (statistics) , market liquidity , deleveraging , business , financial system , lender of last resort , unintended consequences , monetary economics , asset (computer security) , funding liquidity , financial crisis , finance , economics , liquidity crisis , monetary policy , central bank , debt , macroeconomics , computer security , machine learning , computer science , law , political science