Journal article icon

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.

Actions


Authors


Publisher:
CEPR
Journal:
VoxEU
Publication date:
2009-09-25
Language:
English
UUID:
uuid:f5b46570-1194-4c8f-9439-595eda6de654
Local pid:
oai:economics.ouls.ox.ac.uk:14329
Deposit date:
2011-08-16

Terms of use


Views and Downloads






If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP