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Lender of Last Resort - Which Institution Could Best Fulfill this Function?

In: Stability of the Financial System

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  • Gertrude Tumpel-Gugerell

Abstract

In the aftermath of the financial crisis, new financial market regulation is being implemented, and increasing numbers of countries are establishing new legislation for macroprudential oversight. Against this backdrop, this thought provoking book provides a platform for the leading international experts to discuss and encourage future debate on financial stability.

Suggested Citation

  • Gertrude Tumpel-Gugerell, 2013. "Lender of Last Resort - Which Institution Could Best Fulfill this Function?," Chapters, in: Andreas Dombret & Otto Lucius (ed.), Stability of the Financial System, chapter 24, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15454_24
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    References listed on IDEAS

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    1. Thomas M. Humphrey & Robert E. Keleher, 1984. "The lender of last resort : a historical perspective," Working Paper 84-03, Federal Reserve Bank of Richmond.
    2. Michael D. Bordo, 1990. "The lender of last resort : alternative views and historical experience," Economic Review, Federal Reserve Bank of Richmond, vol. 76(Jan), pages 18-29.
    3. Walter Eltis, 2001. "Lord Overstone and the Establishment of British Nineteenth-Century Monetary Orthodoxy," Economics Series Working Papers 2001-W42, University of Oxford, Department of Economics.
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    7. Thomas H. Humphrey & Robert E. Keleher, 1984. "The Lender of Last Resort; A Historical Perspective," Cato Journal, Cato Journal, Cato Institute, vol. 4(1), pages 275-321, Spring/Su.
    8. David Laidler, 2000. "Highlights of the Bullionist Controversy," University of Western Ontario, Departmental Research Report Series 20002, University of Western Ontario, Department of Economics.
    9. Thomas M. Humphrey, 2010. "Lender of Last Resort: What It Is, Whence It Came, and Why the Fed Isn't It," Cato Journal, Cato Journal, Cato Institute, vol. 30(2), pages 333-364, Spring.
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