Central Bank Tools and Liquidity Shortages

14 Pages Posted: 17 Sep 2010

See all articles by Stephen G. Cecchetti

Stephen G. Cecchetti

Brandeis International Business School; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR)

Piti Disyatat

International Monetary Fund (IMF) - Research Department

Multiple version iconThere are 2 versions of this paper

Date Written: February 1, 2009

Abstract

A paper presented at the Federal Reserve Bank of New York conference on Central Bank Liquidity Tools, February 19-20, 2009.

Keywords: Monetary Policy, Lender of Last Resort, Liquidity Operation, Systemic Crisis, Liquidity Shortage

JEL Classification: E50, E52, E58, E60

Suggested Citation

Cecchetti, Stephen G. and Disyatat, Piti, Central Bank Tools and Liquidity Shortages (February 1, 2009). Economic Policy Review, Vol. 16, No. 1, p. 29, August 2010. Available at SSRN: https://ssrn.com/abstract=1678162 or http://dx.doi.org/10.2139/ssrn.1678162

Stephen G. Cecchetti (Contact Author)

Brandeis International Business School ( email )

415 South Street
Waltham, MA 02453
United States

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States
212-720-8629 (Phone)
212-720-2630 (Fax)

Centre for Economic Policy Research (CEPR) ( email )

London
United Kingdom

Piti Disyatat

International Monetary Fund (IMF) - Research Department ( email )

700 19th Street NW
Washington, DC 20431
United States

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