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Lender of more than last resort

Author

Listed:
  • David Fettig

Abstract

Recalling Section 13(b) and the years when the Federal Reserve banks opened their discount windows to district businesses in times of economic stress.

Suggested Citation

  • David Fettig, 2002. "Lender of more than last resort," The Region, Federal Reserve Bank of Minneapolis, vol. 16(Dec.), pages 14-17.
    • Handle: RePEc:fip:fedmrr:y:2002:i:dec.:p:14-17:n:v16no.4
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    File URL: http://minneapolisfed.org/publications_papers/pub_display.cfm?id=3392
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    Citations

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    Cited by:

    1. Parinitha Sastry, 2018. "The political origins of Section 13(3) of the Federal Reserve Act," Economic Policy Review, Federal Reserve Bank of New York, issue 24-1, pages 1-33.
    2. Bryane Michael & Svitlana Osaulenko, 2021. "TOWARD A NEW COMPARATIVE PUBLIC LAW OF CENTRAL BANK LEGISLATION: Designing Legislative Mandates for Central Bank Private Securities Assets Purchases and Nominal GDP Targeting," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 10(1), pages 5-38.
    3. Robert L. Hetzel, 2009. "Should increased regulation of bank risk-taking come from regulators or from the market?," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 95(Spr), pages 161-200.

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