Bahaj, Saleem;
Reis, Ricardo;
(2022)
The Economics of Liquidity Lines Between Central Banks.
Annual Review of Financial Economics
, 14
(1)
pp. 57-74.
10.1146/annurev-financial-111620-022146.
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Abstract
Liquidity lines between central banks are a key part of the international financial safety net. In this review article, we lay out some of the economic questions that they pose. Research has provided answers to some of these questions, but many more require further research.
Type: | Article |
---|---|
Title: | The Economics of Liquidity Lines Between Central Banks |
Open access status: | An open access version is available from UCL Discovery |
DOI: | 10.1146/annurev-financial-111620-022146 |
Publisher version: | http://dx.doi.org/10.1146/annurev-financial-111620... |
Language: | English |
Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher's terms and conditions. |
Keywords: | EUREP, Eurosystem Repo Facility for Central Banks, FIMA, Foreign and International Monetary Authorities, financial stability, international currency, lender of last resort, swap lines, JEL E44, JEL F33, JEL G15 |
UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > UCL School of Management |
URI: | https://discovery.ucl.ac.uk/id/eprint/10187979 |
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