Walter Bagehot, the discount window, and TAF
Lend freely at a high rate, on good collateral.
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Article provided by Federal Reserve Bank of St. Louis in its journal Economic Synopses
Volume (Year): (2008)Handle:
Issue (Month): ()
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Postal: P.O. Box 442, St. Louis, MO 63166
Web page: http://www.stlouisfed.org/
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Related researchKeywords: Discount window
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- Thorvald Grung Moe, 2012.
"Shadow Banking and the Limits of Central Bank Liquidity Support: How to Achieve a Better Balance between Global and Official Liquidity,"
Economics Working Paper Archive
wp_712, Levy Economics Institute.
- Elizabeth Klee, 2011.
"The first line of defense: the discount window during the early stages of the financial crisis,"
Finance and Economics Discussion Series
2011-23, Board of Governors of the Federal Reserve System (U.S.).
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