Myths About the Lender of Last Resort
AbstractThere are few issues so subject to myth, sometimes unhelpful myths that tend to obscure rather than to illuminate real issues, as is the subject of whether a Central Bank, (or an International Financial Institution (IFI) such as the international Monetary Fund (IMF))), should act as a Lender of Last Resort (LOLR).
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Bibliographic InfoPaper provided by Financial Markets Group in its series FMG Special Papers with number sp120.
Date of creation: Dec 1999
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