IDEAS home Printed from https://ideas.repec.org/a/cto/journl/v30y2010i2p333-364.html
   My bibliography  Save this article

Lender of Last Resort: What It Is, Whence It Came, and Why the Fed Isn't It

Author

Listed:
  • Thomas M. Humphrey

Abstract

No abstract is available for this item.

Suggested Citation

  • Thomas M. Humphrey, 2010. "Lender of Last Resort: What It Is, Whence It Came, and Why the Fed Isn't It," Cato Journal, Cato Journal, Cato Institute, vol. 30(2), pages 333-364, Spring.
    • Handle: RePEc:cto:journl:v:30:y:2010:i:2:p:333-364
    as

    Download full text from publisher

    File URL: http://www.cato.org/sites/cato.org/files/serials/files/cato-journal/2010/5/cj30n2-7.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thomas M. Humphrey, 2013. "Arresting Financial Crises: The Fed versus the Classicals," Economics Working Paper Archive wp_751, Levy Economics Institute.
    2. Paul Tucker, 2014. "The lender of last resort and modern central banking: principles and reconstruction," BIS Papers chapters, in: Bank for International Settlements (ed.), Re-thinking the lender of last resort, volume 79, pages 10-42, Bank for International Settlements.
    3. Steve Ambler, 2016. "Putting Money to Work: Monetary Policy in a Low Interest Rate Environment," e-briefs 249, C.D. Howe Institute.
    4. Tucker, Sir Paul, 2020. "Solvency as a Fundamental Constraint on LOLR Policy for Independent Central Banks: Principles, History, Law," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 2(2), pages 1-33, April.
    5. Van Den Hauwe, Ludwig, 2017. "Monetary Constitutionalism: Some Recent Developments," MPRA Paper 83052, University Library of Munich, Germany.
    6. Cukierman, Alex, 2013. "Monetary policy and institutions before, during, and after the global financial crisis," Journal of Financial Stability, Elsevier, vol. 9(3), pages 373-384.
    7. Larry D. Wall, 2012. "Central banking for financial stability Some lessons from the recent instability in the US and euro area," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 8(3), pages 247-280, August.
    8. Anne-Marie Rieu-Foucault, 2018. "Les interventions de crise de la FED et de la BCE diffèrent-elles ?," Working Papers hal-04141702, HAL.
    9. Costas Azariadis, 2016. "A Taylor Rule for Public Debt," Review, Federal Reserve Bank of St. Louis, vol. 98(3), pages 227-238.
    10. Thomas Palley, 2021. "Financialization revisited: the economics and political economy of the vampire squid economy," Review of Keynesian Economics, Edward Elgar Publishing, vol. 9(4), pages 461–492-4, October.
    11. Lawrence H. White, 2015. "The Federal Reserve System's Overreach into Credit Allocation," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 30(Winter 20), pages 17-29.
    12. Andreas Dombret & Otto Lucius (ed.), 2013. "Stability of the Financial System," Books, Edward Elgar Publishing, number 15454.
    13. Rockoff, Hugh, 2022. "Milton Friedman on bailouts," Journal of Financial Stability, Elsevier, vol. 63(C).
    14. Thomas L. Hogan & Linh Le & Alexander William Salter, 2015. "Ben Bernanke and Bagehot's Rules," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(2-3), pages 333-348, March.
    15. Wall, Larry D., 2012. "Central Banking for Financial Stability: Some Lessons from the Recent Instability in the United States and Euro Area," ADBI Working Papers 379, Asian Development Bank Institute.
    16. Gertrude Tumpel-Gugerell, 2013. "Lender of Last Resort - Which Institution Could Best Fulfill this Function?," Chapters, in: Andreas Dombret & Otto Lucius (ed.), Stability of the Financial System, chapter 24, Edward Elgar Publishing.
    17. David Laidler, 2013. "Reassessing the Thesis of the Monetary History," University of Western Ontario, Economic Policy Research Institute Working Papers 20135, University of Western Ontario, Economic Policy Research Institute.
    18. Norbert Michel, 2015. "A Roadmap to Monetary Policy Reforms," Cato Journal, Cato Journal, Cato Institute, vol. 35(2), pages 315-329, Spring/Su.
    19. Selgin, George & Lastrapes, William D. & White, Lawrence H., 2012. "Has the Fed been a failure?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 569-596.
    20. George Selgin, 2014. "Operation Twist-the-Truth: How the Federal Reserve Misrepresents Its History and Performance," Cato Journal, Cato Journal, Cato Institute, vol. 34(2), pages 229-263, Spring/Su.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cto:journl:v:30:y:2010:i:2:p:333-364. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emily Ekins (email available below). General contact details of provider: https://edirc.repec.org/data/catoous.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.