Lending of Last Resort and Supervision

  • Ugolini S
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Abstract

… In fact, a non-securitized discount window allows for the conversion of opaque bank assets into unquestionably good central bank assets: as long as information about central bank …

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Ugolini, S. (2017). Lending of Last Resort and Supervision. In The Evolution of Central Banking: Theory and History (pp. 101–163). Palgrave Macmillan UK. https://doi.org/10.1057/978-1-137-48525-0_3

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