Stressed, not frozen: the Federal Funds market in the financial crisis
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Other versions of this item:
- Gara Afonso & Anna Kovner & Antoinette Schoar, 2011. "Stressed, Not Frozen: The Federal Funds Market in the Financial Crisis," Journal of Finance, American Finance Association, vol. 66(4), pages 1109-1139, August.
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Keywordsinterbank lending; financial crisis; hoarding; fed funds; liquidity;
All these keywords.
- D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G01 - Financial Economics - - General - - - Financial Crises
- E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-BAN-2010-04-11 (Banking)
- NEP-CBA-2010-04-11 (Central Banking)
- NEP-FMK-2010-04-11 (Financial Markets)
- NEP-MON-2010-04-11 (Monetary Economics)
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