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.
المؤلف الرئيسي: | |
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التنسيق: | Journal article |
اللغة: | English |
منشور في: |
CEPR
2009
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_version_ | 1826305253859917824 |
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author | Klemperer, P |
author_facet | Klemperer, P |
author_sort | Klemperer, P |
collection | OXFORD |
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. |
first_indexed | 2024-03-07T06:30:07Z |
format | Journal article |
id | oxford-uuid:f5b46570-1194-4c8f-9439-595eda6de654 |
institution | University of Oxford |
language | English |
last_indexed | 2024-03-07T06:30:07Z |
publishDate | 2009 |
publisher | CEPR |
record_format | dspace |
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 |