Protecting Banks from Liquidity Shocks: The Role of Deposit Insurance and Lending of Last Resort

Joao Santos

in Occasional Papers from South East Asian Central Banks (SEACEN) Research and Training Centre

Abstract: This paper reviews the literature on the two arrangements that most countries adopted to protect banks from liquidity shocks, a lender of last resort and deposit insurance, and compares the design of these arrangements across countries. The paper ends with a brief summary of both the key lessons learned about the design of these arrangements and the issues related to them that remains unanswered.

Date: 2002
ISBN: 983-9478-27-3
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Persistent link: https://EconPapers.repec.org/RePEc:sea:opaper:occ36

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