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- W18404510 abstract "The financial crisis that started in 2007 has created new analytical and practical challenges for central banks in their role as lenders of last resort. In the euro area, the Eurosystem has introduced several innovations in its provision of central bank liquidity so as to support the functioning of the euro money and capital markets and to preserve the monetary policy transmission mechanism. This chapter describes the Eurosystem's main innovations and identifies some lessons in order to strengthen the euro area's crisis management framework further." @default.
- W18404510 created "2016-06-24" @default.
- W18404510 creator A5077846802 @default.
- W18404510 date "2013-01-01" @default.
- W18404510 modified "2023-10-17" @default.
- W18404510 title "Innovations in Lender of Last Resort Policy in Europe" @default.
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- W18404510 doi "https://doi.org/10.1016/b978-0-12-397875-2.00044-1" @default.
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