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Central Bank Lending in a Liquidity Crisis

  • Occhino F
Economic Commentary (Federal Reserve Bank of Cleveland) (2016) 1-4
DOI: 10.26509/frbc-ec-201602
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Abstract

Study shows that central banks should respond to liquidity crises by lending directly to banks that will be solvent once market conditions have returned to normal.

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APA

Occhino, F. (2016). Central Bank Lending in a Liquidity Crisis. Economic Commentary (Federal Reserve Bank of Cleveland), 1–4. https://doi.org/10.26509/frbc-ec-201602

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