Central Bank as a Lender of Last Resort: New Issues of the Monetary Policy Theory

S. Andryushin and V. Kuznetsova
Authors registered in the RePEc Author Service: Валентина Вильевна Кузнецова

Voprosy Ekonomiki, 2010, issue 12

Abstract: The article considers the problem of realization of central banks function of the lender of last resort in the situation of liquidity deficit. It shows that the classic definition of the last resort credits principles is not adequate to the tasks which central banks have to solve during liquidity crisis.

Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.vopreco.ru/jour/article/viewFile/1108/1109 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2010:id:1108

DOI: 10.32609/0042-8736-2010-12-70-81

Access Statistics for this article

More articles in Voprosy Ekonomiki from NP Voprosy Ekonomiki
Bibliographic data for series maintained by NEICON ().