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Diane Publishing Books
Federal Reserve Liquidity Provision during the Financial Crisis of 2007-2009
Michael J. Fleming (au)
This study examines the Federal Reserve's unprecedented liquidity provision during the financial crisis of 2007-2009. It first reviews how the Fed provides liquidity in normal times. It then explains how the Fed's new and expanded liquidity facilities were intended to enable the central bank to fulfill its traditional lender-of-last-resort role during the crisis while mitigating stigma, broadening the set of institutions with access to liquidity, and increasing the flexibility with which institutions could tap such liquidity. The study then assesses the growing empirical literature on the effectiveness of the facilities and provides insights as to where further research is warranted. Tables and figures. This is a print on demand report.
Bridges of Battle: Famous Battlefield Actions at Bridges & River Crossings
Sherlock Holmes Victorian Cookbook: Favourite Recipes of the Great Detective & Dr. Watson
Secret Agenda: One Manís Fight Against High-Tech Terrorists & Their Biological & Nuclear Weapons of Mass Destruction
Dress Codes: Meanings & Messages in American Culture
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