Journal article
Central bank liquidity and “toxic asset” auctions.
- Abstract:
- The crisis set policymakers scrambling for appropriate mechanisms to respond to financial turmoil. This column proposes a new auction design that can be used for toxic asset purchases and central bank liquidity auctions in a credit crunch.
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Bibliographic Details
- Publisher:
- CEPR
- Journal:
- VoxEU
- Publication date:
- 2009-09-25
Item Description
- Language:
- English
- UUID:
-
uuid:f5b46570-1194-4c8f-9439-595eda6de654
- Local pid:
- oai:economics.ouls.ox.ac.uk:14329
- Deposit date:
- 2011-08-16
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Terms of use
- Copyright date:
- 2009
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