Financial instability, reserves, and central bank swap lines in the panic of 2008

American Economic Review

Volumn 99, Issue 2, 2009, Pages 480-486

  Obstfeld, Maurice ^c   Shambaugh, Jay C ^a   Taylor, Alan M ^b  

^a Dartmouth College   (United States)

^b UNIVERSITY OF CALIFORNIA   (United States)

^c UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 73849145387     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.99.2.480     Document Type: Conference Paper

References (9)

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4. Fender, Ingo, and Jacob Gyntelberg. 2008. "Overview: Global Financial Crisis Spurs Unprecedented Policy Actions." BIS Quarterly Review, December. http://www.bis.org/publ/qtrpdf/r-qt0812a.pdf.
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6. Jeanne, Olivier. 2007. "International Reserves in Emerging Market Countries: Too Much of a Good Thing?" Brookings Papers on Economic Activity, 1: 1-79.
7. Obstfeld, Maurice, Jay C. Shambaugh, and Alan M. Taylor. 2008. "Financial Stability, the Trilemma, and International Reserves." National Bureau of Economic Research Working Paper 14217.
8. Setser, Brad. 2008. "More Extraordinary Moves:" http://blogs.cfr.org/setser/2008/09/29/more-extraordinary-moves-620-billionis- real-money-and-it-isnt-even-for-americanfinancial-institutions/.
9. Thornton, Henry. 1939 [1802]. An Enquiry into the Nature and Effects of the Paper Credit of Great Britain. Edited with an introduction by F. A. von Hayek. London: George Allen and Unwin.