Speech

The supply of money-like assets: remarks for American Economic Association panel session: The Balance Sheets of Central Banks and the Shortage of Safe Assets, Philadelphia


Abstract: Remarks for American Economic Association Panel Session: The Balance Sheets of Central Banks and the Shortage of Safe Assets, Philadelphia.

Keywords: normal state; non-normal state; credit risks; counterparty risks; money-likeness; lenders of last resort; private provision; Liquidity Coverage Ratio (LCR); money market funds (MMFs); private sector; ON RRP facility; Treasury General Account (TGA);

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Speech

Publication Date: 2018-01-06

Number: 269