Los Bancos Centrales como Prestamistas de Última Instancia

Fernando Ossa ()
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Fernando Ossa: Instituto de Economía

Latin American Journal of Economics-formerly Cuadernos de Economía, 2003, vol. 40, issue 120, 323-335

Abstract: Central banks act as lenders of last resort to commercial banks and other financial institutions. However, there is much controversy about whether or not they should perform this function. This article analyses, in the first place, the principal aspects o

Keywords: Lender of last resort; central banks; commercial banks; financial crises; international monetary fund (search for similar items in EconPapers)
JEL-codes: E58 F33 G15 G21 (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ioe:cuadec:v:40:y:2003:i:120:p:323-335

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