Monetary Stability and Liquidity Crises: The Role of the Lender of Last Resort

Journal of Economic Theory

Volumn 99, Issue 1-2, 2001, Pages 187-219

  Antinolfi, Gaetano ^a   Huybens, Elisabeth ^b   Keister, Todd ^c  

^a WASHINGTON UNIVERSITY   (United States)

^b WORLD BANK   (United States)

^c INSTITUTO TECNOLÓGICO AUTÓNOMO DE MÉXICO   (Mexico)

Author keywords

Banking crises; Discount window policy; Elastic currency; Inflation; Lender of last resort; Liquidity crises; Multiple equilibria

Indexed keywords

EID: 0345978393     PISSN: 00220531     EISSN: None     Source Type: Journal    
DOI: 10.1006/jeth.2000.2750     Document Type: Article

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