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Central Bank Responses to Financial Crises: Lenders of Last Resort in Interesting Times

In: Monetary Policy and Central Banking

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  • Robert Dimand
  • Robert Koehn

Abstract

Divided into two parts, this book presents a detailed, multi-faceted analysis of banking and monetary policy. The first part examines the role of central banks within an endogenous money framework. These chapters address post-Keynesian interest rate policy, monetary mercantilism, financial market organization and developing economies. In the second part of the book, the focus switches to the analysis of the financial crisis that began in 2007. The chapters in this section discuss the role of central banks in times of crisis.

Suggested Citation

  • Robert Dimand & Robert Koehn, 2012. "Central Bank Responses to Financial Crises: Lenders of Last Resort in Interesting Times," Chapters, in: Louis-Philippe Rochon & Salewa ‘Yinka Olawoye (ed.), Monetary Policy and Central Banking, chapter 7, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14188_7
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