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A Lender of Last Resort for Europe

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  • Michel Aglietta

Abstract

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Suggested Citation

  • Michel Aglietta, 1999. "A Lender of Last Resort for Europe," Working Papers 1999-12, CEPII research center.
    • Handle: RePEc:cii:cepidt:1999-12
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    File URL: http://www.cepii.fr/PDF_PUB/wp/1999/wp1999-12.pdf
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    References listed on IDEAS

    as
    1. Curzio Giannini, 1998. ""Enemy of None but a Common Friend of All"? An International Perspective on the Lender-of-Last-Resort Function," Temi di discussione (Economic working papers) 341, Bank of Italy, Economic Research and International Relations Area.
    2. Mr. Haizhou Huang & Mr. C. A. E. Goodhart, 1999. "A Model of the Lender of Last Resort," IMF Working Papers 1999/039, International Monetary Fund.
    3. Gennotte, Gerard & Leland, Hayne, 1990. "Market Liquidity, Hedging, and Crashes," American Economic Review, American Economic Association, vol. 80(5), pages 999-1021, December.
    4. Peter M. Garber, 1998. "Derivatives in International Capital Flows," NBER Working Papers 6623, National Bureau of Economic Research, Inc.
    5. Forum Franco Allemand, 1999. "Financial Supervision in the EMU," Working Papers 1999-04, CEPII research center.
    6. Tommaso Padoa‐Schioppa, 1999. "EMU and Banking Supervision," International Finance, Wiley Blackwell, vol. 2(2), pages 295-308, July.
    7. Michel Aglietta, 1996. "Financial Market Failures and Systemic Risk," Working Papers 1996-01, CEPII research center.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Garry J. Schinasi & Pedro Gustavo Teixeira, 2006. "The Lender of Last Resort in the European Single Financial Market," World Scientific Book Chapters, in: Gerard Caprio Jr & Douglas D Evanoff & George G Kaufman (ed.), Cross-Border Banking Regulatory Challenges, chapter 23, pages 349-372, World Scientific Publishing Co. Pte. Ltd..
    2. Schüler, Martin, 2003. "How Do Banking Supervisors Deal with Europe-wide Systemic Risk?," ZEW Discussion Papers 03-03, ZEW - Leibniz Centre for European Economic Research.
    3. Cartapanis A. & Herland M., 2001. "Systemic Risk and New International Financial Architecture: Reconciling KEYNES and Neo-Liberalism?," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 5-26, January -.
    4. Elisabeth Paulet, 2009. "The Subprime Crisis and the European Banking Sector: the Renewal of Universal Banks?," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(Number Sp), pages 684-697, November.

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    More about this item

    Keywords

    finance; Lender of Last Resort; EMU; supervision; liquidity crisis; safety net; system risk; Maastricht;
    All these keywords.

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • F30 - International Economics - - International Finance - - - General

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