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Recent Borrowing from the U.S. Discount Window: Some Cases

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Abstract

The Fed's discount window makes loans to depository institutions on a regular basis. Recent publicly available transaction-level data permit a closer look at the particular circumstances under which some of those loans happened. The analysis of nine specific cases produces some general insights that can be useful in evaluating whether the discount window should be open to making loans during periods of relatively calm financial conditions.

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  • Huberto M. Ennis & Sara Ho & Elliot Tobin, 2019. "Recent Borrowing from the U.S. Discount Window: Some Cases," Economic Quarterly, Federal Reserve Bank of Richmond, issue 4Q, pages 251-271.
    • Handle: RePEc:fip:fedreq:88751
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