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From Bagehot to Bernanke and Draghi: emergency liquidity, macroprudential supervision and the rediscovery of the lender of last resort function

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  • Thomas C. Baxter

Abstract

Remarks at the Committee on International Monetary Law of the International Law Association Meeting, Madrid, Spain.

Suggested Citation

  • Thomas C. Baxter, 2013. "From Bagehot to Bernanke and Draghi: emergency liquidity, macroprudential supervision and the rediscovery of the lender of last resort function," Speech 114, Federal Reserve Bank of New York.
    • Handle: RePEc:fip:fednsp:114
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    File URL: https://www.newyorkfed.org/newsevents/speeches/2013/bax130919.html
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    Keywords

    lenders of last resort; Banks and banking; Central; Bank liquidity; Recessions; European Central Bank; Federal Reserve System; Federal Reserve Bank of New York; Systemic risk; Public welfare; Investment banking; Bank supervision;
    All these keywords.

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