IDEAS home Printed from https://ideas.repec.org/a/prs/rfreco/rfeco_0769-0479_1991_num_6_1_1278.html
   My bibliography  Save this article

Banque centrale européenne et fonction de prêteur en dernier ressort

Author

Listed:
  • Laurence Scialom

Abstract

[fre] Laurence Scialom Banque centrale européenne et fonction de prêteur en dernier ressort. L'objet de cet article consiste à émettre quelques suggestions quant à la mise en œuvre de la fonction de prêteur en dernier ressort dans le futur système européen de banques centrales, en mettant notamment l'accent sur la possibilité d'une certaine décentralisation des compétences dans ce domaine. Cette réflexion prend pour base l'expérience américaine, dont l'exploitation est justifiée dans la première partie de l'article par la mise en exergue des similitudes existant entre les conditions de la création du Système Fédéral de Réserve au début du siècle et celles qui prévalent actuellement en Europe. [eng] Laurence Scialom European central bank and the function of lender of last resort. This article aims to discuss some suggestions regarding the implementation of the function of lender of last resort in the futur European system of central banks. The main focus of the article will be on the possibility of a decentralisation of these responsabilities within such a system. The discussion will be based on the U.S. experience, the use of which will be justified in the first part of the article by pointing out the similarities that exist between the conditions of the creation of the Federal Reserve System at the beginning of the century, and those that are currently prevailing in Europe.

Suggested Citation

  • Laurence Scialom, 1991. "Banque centrale européenne et fonction de prêteur en dernier ressort," Revue Française d'Économie, Programme National Persée, vol. 6(1), pages 161-187.
  • Handle: RePEc:prs:rfreco:rfeco_0769-0479_1991_num_6_1_1278
    Note: DOI:10.3406/rfeco.1991.1278
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/rfeco.1991.1278
    Download Restriction: no

    File URL: https://www.persee.fr/doc/rfeco_0769-0479_1991_num_6_1_1278
    Download Restriction: no

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:rfreco:rfeco_0769-0479_1991_num_6_1_1278. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE). General contact details of provider: https://www.persee.fr/collection/rfeco .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.