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Why central banking should be re-imagined

In: Re-thinking the lender of last resort

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  • Perry Mehrling

    (Columbia University)

Abstract

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Suggested Citation

  • Perry Mehrling, 2014. "Why central banking should be re-imagined," BIS Papers chapters, in: Bank for International Settlements (ed.), Re-thinking the lender of last resort, volume 79, pages 108-118, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:79-09
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    File URL: http://www.bis.org/publ/bppdf/bispap79i.pdf
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    References listed on IDEAS

    as
    1. Tobin, James, 1969. "A General Equilibrium Approach to Monetary Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 1(1), pages 15-29, February.
    2. Mehrling, Perry, 2013. "Essential hybridity: A money view of FX," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 355-363.
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    Cited by:

    1. Saeidinezhad, Elham & Hovhannisyan, Tatev, 2019. "Can the Hybridity of Law and Finance Save Central Banking in a Zero-Lower Bound Recession? A Money and Legal View," MPRA Paper 97719, University Library of Munich, Germany.
    2. van Eeghen, Piet-Hein, 2021. "Funding money-creating banks: Cash funding, balance sheet funding and the moral hazard of currency elasticity," International Review of Financial Analysis, Elsevier, vol. 76(C).
    3. Nikolay Nenovsky & Tsvetelina Marinova, 2022. "The first steps of the lender of last resort in Bulgaria. History and debates during the Great Depression," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 28-53.
    4. Leon Wansleben, 2021. "Divisions of regulatory labor, institutional closure, and structural secrecy in new regulatory states: The case of neglected liquidity risks in market‐based banking," Regulation & Governance, John Wiley & Sons, vol. 15(3), pages 909-932, July.

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