Search Results
Journal Article
Lender of more than last resort
Fettig, David
(2002-12)
Recalling Section 13(b) and the years when the Federal Reserve banks opened their discount windows to district businesses in times of economic stress.
The Region
, Volume 16
, Issue Dec.
, Pages 14-17
Journal Article
Provision of liquidity through the primary credit facility during the financial crisis: a structural analysis
Demiralp, Selva; Artuc, Erhan
(2010-08)
Professors Erhan Artu and Selva Demiralp of Ko University, Turkey, investigate whether changes to the Federal Reserve?s discount window borrowing facility represent a shift in how the nation?s central bank traditionally provided liquidity through the primary credit facility as well as whether the Fed would benefit from retaining these changes indefinitely. Presented at "Central Bank Liquidity Tools and Perspectives on Regulatory Reform" a conference sponsored by the Federal Reserve Bank of New York, February 19-20, 2009.
Economic Policy Review
, Volume 16
, Issue Aug
, Pages 43-53
Journal Article
The Federal Reserve’s Commercial Paper Funding Facility
Kimbrough, Karin; Marchioni, Dina; Adrian, Tobias
(2011-05)
Established in the wake of Lehman Brothers? bankruptcy to stabilize severe disruptions in the commercial paper market, the Commercial Paper Funding Facility (CPFF) allowed the Federal Reserve to act as a lender of last resort for issuers of commercial paper, thereby effectively addressing temporary liquidity distortions and alleviating the severe funding stress that threatened to further exacerbate the financial crisis. In doing so, the CPFF can be considered a noteworthy model of liquidity provision in a market-based financial system, where maturity transformation occurs outside of the ...
Economic Policy Review
, Volume 17
, Issue May
, Pages 25-39
Report
An empirical investigation of the determinants of discount window borrowing: a disaggregate analysis
Peristiani, Stavros
(1991)
Research Paper
, Paper 9114
Journal Article
Statement to Congress, November 21, 1985 (discount window lending to Farm Credit System and agricultural banks)
Axilrod, Stephen H.
(1986-01)
Federal Reserve Bulletin
, Issue Jan
Journal Article
Statement to Congress, May 31, 1991 (review Federal Reserve's discount window activities)
Schemering, Stephen C.
(1991-07)
Federal Reserve Bulletin
, Issue Jul
Monograph
Instruments of the money market
Cook, Timothy Q.; LaRoche, Robert K.
(1993)
Monograph
Working Paper
The lender of last resort: lessons from the Fed’s first 100 years
Wheelock, David C.; Carlson, Mark A.
(2012)
We review the responses of the Federal Reserve to financial crises over the past 100 years. The authors of the Federal Reserve Act in 1913 created an institution that they hoped would prevent banking panics from occurring. When this original framework did not prevent the banking panics of the 1930s, Congress amended the Act and gave the Federal Reserve considerably greater powers to respond to financial crises. Over the subsequent decades, the Federal Reserve responded more aggressively when it perceived that there were threats to financial stability and ultimately to economic activity. We ...
Working Papers
, Paper 2012-056
Journal Article
Replacement windows: new credit programs at the discount window
Wheelock, David C.
(2003-05)
Monetary Trends
, Issue May
FILTER BY year
FILTER BY Bank
Board of Governors of the Federal Reserve System (U.S.) 19 items
Federal Reserve Bank of New York 13 items
Federal Reserve Bank of St. Louis 10 items
Federal Reserve Bank of Richmond 9 items
Federal Reserve Bank of Atlanta 6 items
Federal Reserve Bank of Chicago 3 items
Federal Reserve Bank of Cleveland 3 items
Federal Reserve Bank of Kansas City 3 items
Federal Reserve Bank of Philadelphia 3 items
Federal Reserve Bank of Boston 1 items
Federal Reserve Bank of Dallas 1 items
Federal Reserve Bank of Minneapolis 1 items
Federal Reserve Bank of San Francisco 1 items
show more (8)
show less
FILTER BY Series
Finance and Economics Discussion Series 9 items
Federal Reserve Bulletin 8 items
Financial Update 6 items
Review 4 items
Working Papers 4 items
Econ Focus 3 items
Proceedings 3 items
Speech 3 items
Working Paper 3 items
Economic Commentary 2 items
Economic Policy Review 2 items
Economic Review 2 items
Liberty Street Economics 2 items
Monetary Trends 2 items
Monograph 2 items
Quarterly Review 2 items
Research Paper 2 items
Staff Reports 2 items
Annual Report 1 items
Business Review 1 items
Chicago Fed Letter 1 items
Economic Letter 1 items
Economic Synopses 1 items
Research Working Paper 1 items
Supervisory Research and Analysis Working Papers 1 items
TEN 1 items
The Region 1 items
The Regional Economist 1 items
Working Paper Series 1 items
Working Papers (Old Series) 1 items
show more (25)
show less
FILTER BY Content Type
Journal Article 37 items
Working Paper 20 items
Report 5 items
Conference Paper 3 items
Speech 3 items
Discussion Paper 2 items
Monograph 2 items
Newsletter 1 items
show more (3)
show less
FILTER BY Author
anonymous 11 items
Carlson, Mark A. 8 items
Zarutskie, Rebecca 7 items
Peristiani, Stavros 4 items
Wheelock, David C. 4 items
Gilbert, R. Alton 3 items
Todd, Walker F. 3 items
Cook, Timothy Q. 2 items
Ennis, Huberto M. 2 items
Furfine, Craig H. 2 items
Kliesen, Kevin L. 2 items
LaRoche, Robert K. 2 items
Meulendyke, Ann-Marie 2 items
Meyer, Andrew P. 2 items
Sellon, Gordon H. 2 items
Shaffer, Sherrill 2 items
Adrian, Tobias 1 items
Armantier, Olivier 1 items
Artuc, Erhan 1 items
Ashcraft, Adam B. 1 items
Axilrod, Stephen H. 1 items
Baxter, Thomas C. 1 items
Bech, Morten L. 1 items
Bullard, James B. 1 items
Calomiris, Charles W. 1 items
Chapman, James T. E. 1 items
Clouse, James A. 1 items
Coleman, Wilbur John 1 items
Demiralp, Selva 1 items
DiMartino, Danielle 1 items
Duca, John V. 1 items
Duygan-Bump, Burcu 1 items
Fettig, David 1 items
Frame, W. Scott 1 items
Gerena, Charles 1 items
Ghysels, Eric 1 items
Gilles, Christian 1 items
Goodfriend, Marvin 1 items
Hakkio, Craig S. 1 items
Haltom, Renee Courtois 1 items
Hamdani, Kausar 1 items
Kandrac, John 1 items
Kimbrough, Karin 1 items
Klee, Elizabeth C. 1 items
Kotidis, Antonis 1 items
Labadie, Pamela 1 items
Lacker, Jeffrey M. 1 items
Marchioni, Dina 1 items
Martin, Antoine 1 items
Mengle, David L. 1 items
Pakko, Michael R. 1 items
Parkinson, Patrick M. 1 items
Potter, Simon M. 1 items
Renier, Jessica 1 items
Rosengren, Eric S. 1 items
Santos, João A. C. 1 items
Sarkar, Asani 1 items
Schemering, Stephen C. 1 items
Schreft, Stacey L. 1 items
Schwartz, Anna J. 1 items
Shrader, Jeffrey 1 items
Srinivasan, Aruna 1 items
Steeves, Brye 1 items
Stevens, Edward J. 1 items
Suarez, Gustavo A. 1 items
Taylor, Herbert E. 1 items
Thornton, Daniel L. 1 items
Tracy, Joseph 1 items
Weinberg, John A. 1 items
Willen, Paul S. 1 items
show more (65)
show less
FILTER BY Jel Classification
FILTER BY Keywords
Federal Reserve System 8 items
Financial crises 8 items
Funding for lending 8 items
Federal Reserve 7 items
Liquidity (Economics) 7 items
Monetary policy tools 7 items
Bank liquidity 6 items
Banks and banking, Central 5 items
Federal funds market (United States) 5 items
Bank capital 4 items
Bank reserves 4 items
Credit 4 items
Federal Reserve banks 4 items
Monetary policy - United States 4 items
Asset-backed financing 3 items
Commercial paper 3 items
Federal Deposit Insurance Corporation Improvement Act of 1991 3 items
Federal Reserve System - History 3 items
Monetary policy 3 items
Money market 3 items
Money market funds 3 items
Open market operations 3 items
Repurchase agreements 3 items
lenders of last resort 3 items
Acceptances 2 items
Banking law 2 items
Banks and banking 2 items
Certificates of deposit 2 items
Commercial paper issues 2 items
Discount 2 items
Euro-dollar market 2 items
Futures 2 items
Government securities 2 items
Housing - Prices 2 items
Intermediation (Finance) 2 items
Mortgage-backed securities 2 items
Municipal finance 2 items
Recessions 2 items
Treasury bills 2 items
options 2 items
stigma 2 items
Agricultural credit 1 items
Assets (Accounting) 1 items
Auctions 1 items
Bank failures 1 items
Bank investments 1 items
Bank lending 1 items
Borrowing 1 items
Countercyclical policy 1 items
Credit control 1 items
Cyberattack 1 items
Cybersecurity 1 items
Derivative securities 1 items
Disclosure of information 1 items
Emergency management 1 items
Fed 1 items
Federal Deposit Insurance Corporation 1 items
Federal Open Market Committee 1 items
Federal Reserve Act 1 items
Federal Reserve Bank of Boston 1 items
Federal Reserve Bank of Minneapolis 1 items
Federal Reserve Bank of New York 1 items
Federal Reserve Bank of Richmond 1 items
Federal Reserve District, 12th 1 items
Federal Reserve banks - Auditing 1 items
Federal funds market 1 items
Federal funds rate 1 items
Federal home loan banks 1 items
Ferguson, Roger W. 1 items
Financial markets 1 items
Financial risk management 1 items
Financial stability 1 items
Global financial crisis 1 items
Greenspan, Alan 1 items
Interbank market 1 items
Money supply 1 items
Mortgages 1 items
Payments 1 items
Portfolio management 1 items
Stock - Prices 1 items
Subprime mortgage 1 items
Term Auction Facility (TAF) 1 items
bank borrowing 1 items
economic conditions - United States 1 items
financial crisis 1 items
financial stability 1 items
transparency 1 items
show more (83)
show less