Central bank liquidity and “toxic asset” auctions.

The crisis set policymakers scrambling for appropriate mechanisms to respond to financial turmoil. This column proposes a new auction design that can be used for toxic asset purchases and central bank liquidity auctions in a credit crunch.

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Klemperer, P
التنسيق: Journal article
اللغة:English
منشور في: CEPR 2009
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author Klemperer, P
author_facet Klemperer, P
author_sort Klemperer, P
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description The crisis set policymakers scrambling for appropriate mechanisms to respond to financial turmoil. This column proposes a new auction design that can be used for toxic asset purchases and central bank liquidity auctions in a credit crunch.
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spelling oxford-uuid:f5b46570-1194-4c8f-9439-595eda6de6542022-03-27T12:29:15ZCentral bank liquidity and “toxic asset” auctions.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:f5b46570-1194-4c8f-9439-595eda6de654EnglishDepartment of Economics - ePrintsCEPR2009Klemperer, PThe crisis set policymakers scrambling for appropriate mechanisms to respond to financial turmoil. This column proposes a new auction design that can be used for toxic asset purchases and central bank liquidity auctions in a credit crunch.
spellingShingle Klemperer, P
Central bank liquidity and “toxic asset” auctions.
title Central bank liquidity and “toxic asset” auctions.
title_full Central bank liquidity and “toxic asset” auctions.
title_fullStr Central bank liquidity and “toxic asset” auctions.
title_full_unstemmed Central bank liquidity and “toxic asset” auctions.
title_short Central bank liquidity and “toxic asset” auctions.
title_sort central bank liquidity and toxic asset auctions
work_keys_str_mv AT klempererp centralbankliquidityandtoxicassetauctions