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El Prestamista de Última Instancia en la Nueva Industria Bancaria

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  • Edgardo Barandiarán

Abstract

Since the mid-1970s, the banking industry has been changing rapidly, but our analysis of its regulation has been lagging. Leaving aside the sterile discussion about the intrinsic instability of the industry, today its regulation aims at preventing systemi

Suggested Citation

  • Edgardo Barandiarán, 2003. "El Prestamista de Última Instancia en la Nueva Industria Bancaria," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 40(120), pages 337-358.
    • Handle: RePEc:ioe:cuadec:v:40:y:2003:i:120:p:337-358
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    More about this item

    Keywords

    Lender of last resort; central banks; commercial banks; financial crises; international monetary fund;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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