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Liquidity Risk and Central Bank Actions During the 2007–2009 Crisis

Francesco Papadia and Tuomas Välimäki
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Francesco Papadia: European Central Bank, Germany
Tuomas Välimäki: Suomen Pankki, Finland

Chapter 14 in The International Financial Crisis:Have the Rules of Finance Changed?, 2011, pp 197-212 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe Implementation of Monetary Policy in Major Central Banks Before the CrisisThe Liquidity Component of the 2007–2009 CrisisAn Overall Interpretation of the Actions of Central Banks During the CrisisAn Assessment of the Effectiveness of Central Bank ActionsConclusionReferences

Keywords: Financial Crisis; Financial Regulation; International Banking; Financial Regulatory Reform (search for similar items in EconPapers)
Date: 2011
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