The Effectiveness of Central Bank Interventions During the First Phase of the Subprime Crisis /
This paper provides evidence that central bank interventions had a statistically significant impact on easing stress in unsecured interbank markets during the first phase of the subprime crisis which began in July 2007. Extraordinary liquidity provisions, such as the Term Auction Facility by the Fed...
| Auteur principal: | |
|---|---|
| Autres auteurs: | |
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Collection: | IMF Working Papers; Working Paper ;
No. 2009/206 |
| Accès en ligne: | Full text available on IMF |