Speech
From Bagehot to Bernanke and Draghi: emergency liquidity, macroprudential supervision and the rediscovery of the lender of last resort function
Abstract: Remarks at the Committee on International Monetary Law of the International Law Association Meeting, Madrid, Spain.
Keywords: lenders of last resort; Banks and banking, Central; Bank liquidity; Recessions; European Central Bank; Federal Reserve System; Federal Reserve Bank of New York; Systemic risk; Public welfare; Investment banking; Bank supervision;
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Authors
Bibliographic Information
Provider: Federal Reserve Bank of New York
Part of Series: Speech
Publication Date: 2013
Number: 114