From Lombard Street to Avenida Paulista : Foreign Exchange Liquidity Easing in Brazil in Response to the Global Shock of 2008-09 /

The provision of foreign exchange liquidity by emerging market central banks during the global shock of 2008-09 departs from the domestic liquidity lender of last resort role described by Bagehot in his classic "Lombard Street." This paper documents and analyzes the foreign exchange liquid...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Stone, Mark
Rannpháirtithe: Walker, W. Christopher, Yasui, Yosuke
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2009.
Sraith:IMF Working Papers; Working Paper ; No. 2009/259
Rochtain ar líne:Full text available on IMF