Imperfect interbank markets and the lender of last resort

DOI10.1016/J.JEDC.2012.05.003zbMath1345.91046OpenAlexW1974520195MaRDI QIDQ311016

Tarishi Matsuoka

Publication date: 28 September 2016

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/2433/129636

zbMATH Keywords

overlapping generationsmoneylimited commitmentinterbank marketsthe lender of last resort

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Microeconomic theory (price theory and economic markets) (91B24) Interest rates, asset pricing, etc. (stochastic models) (91G30)

Related Items (2)

Banking crises and liquidity in a monetary economy ⋮ Asset prices and standing facilities in a monetary economy

Cites Work

• Optimal choice of monetary policy instruments in an economy with real and liquidity shocks
• Bank Runs, Deposit Insurance, and Liquidity
• USEFULNESS OF THE CONSTRAINED PLANNING PROBLEM IN A MODEL OF MONEY
• DISCOUNT WINDOW POLICY, BANKING CRISES, AND INDETERMINACY OF EQUILIBRIUM
• Monetary stability and liquidity crises: The role of the lender of last resort

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